5 Room HDB for Rent in 117A Rivervale Drive

The HDB 5-room property situated in the Serangoon district commands an estimated value of $856,054, translating to a robust $691 PSF. With a remaining lease of 73 years, this valuation underscores the enduring appeal of HDB properties in this well-established residential enclave. The valuation reflects a stable market signal, indicating a 0% difference from the baseline, which suggests that the property is priced at market equilibrium, balancing demand and supply dynamics effectively.

Analyzing the data from 40 recent HDB resale transactions in the vicinity, it is evident that the market remains resilient, driven by a consistent buyer interest in the area. The high model confidence associated with this valuation further affirms the reliability of the data and trends observed. As Singapore’s real estate landscape continues to evolve, properties with a substantial remaining lease, such as this HDB unit, are likely to maintain their value, benefiting from both the demographic trends and the infrastructural developments in Serangoon. This HDB listing not only represents a solid investment opportunity but also reflects the ongoing desirability of living in a vibrant and accessible neighborhood.