5 Room HDB for Rent in 117A Rivervale Drive

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $856,054, translating to a price per square foot (PSF) of $691. This valuation reflects a precise alignment with the current market price, indicating a 0% difference from the baseline, which signifies a stable demand and a well-balanced supply within the neighborhood. Given that this assessment is grounded in a robust analysis of 40 recent HDB resale transactions in the vicinity, the model confidence is rated as high, underscoring the reliability of the valuation metrics utilized.

The dynamics of the HDB market in Serangoon reveal a resilient landscape, where the longevity of the lease—73 years—ensures sustained interest from prospective buyers. As one of Singapore’s well-established residential districts, Serangoon continues to attract families and investors alike, contributing to a stable appreciation trajectory for HDB properties. This valuation not only highlights the competitive nature of the market but also signals a prudent investment opportunity for buyers looking to secure a quality living space within a desirable locale.