HDB Executive for Room Rent: 108 Rivervale Walk

The valuation of the HDB Executive unit in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $105,662, translating to a price per square foot of $704. This valuation reflects a market signal that indicates a stable pricing environment, with the current estimate showing a 0% difference from the baseline. Such stability is indicative of a balanced demand and supply scenario in the HDB resale market, particularly within the Serangoon vicinity.

With model confidence rated as medium, this valuation is supported by an analysis of 13 recent HDB resale transactions in the area. The data suggests that while there are fluctuations in individual transaction prices, the overall market sentiment remains positive, aligning well with the fundamentals of property demand in this mature estate. The remaining lease of 71 years is a crucial factor, as it provides potential buyers with ample time to enjoy the property while still adhering to HDB regulations. As such, this valuation serves as a benchmark for prospective buyers and sellers looking to navigate the competitive landscape of Singapore’s HDB market.