4-Room HDB for Room Rent: 212 Serangoon Avenue 4

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $81,373, translating to a price per square foot (PSF) of $542. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that current market trends are in equilibrium with historical pricing benchmarks. The data is derived from a robust analysis of 232 recent HDB resale transactions within the vicinity, showcasing a high model confidence that underscores the reliability of this valuation.

As the HDB lease continues to play a crucial role in determining property values in Singapore, the remaining lease of 57 years provides a favorable outlook for potential buyers who are often concerned about leasehold properties. The Serangoon area, known for its residential appeal and accessibility, continues to attract a diverse demographic, further supporting the resilience of property values. Overall, this valuation not only reflects the intrinsic worth of the unit but also signifies broader market dynamics that maintain stability in the HDB sector amidst changing economic conditions.