Master Room (HDB) for Rent in 220 Serangoon Avenue 4

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 57 years, is estimated at $74,274, translating to a price per square foot (PSF) of $495. This valuation reflects a market price that is in equilibrium, registering a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply scenario in the region, indicative of the broader market dynamics at play.

However, it is essential to note the low model confidence associated with this valuation, which stems from a limited dataset comprising only two recent HDB resale transactions in the vicinity. The scarcity of comparable data may restrict the reliability of this estimate, warranting a cautious approach for potential buyers and investors. As the remaining lease of 57 years is a significant factor in HDB valuations, the longevity of the lease coupled with current market conditions may appeal to certain segments of buyers seeking affordability in a well-established neighborhood like Serangoon.