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

The valuation of the HDB 2 Room property located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $74,274, translating to a price per square foot (PSF) of $495. This valuation indicates a market price alignment with no deviation from the baseline, suggesting a stable demand within this segment. The consistency in pricing underscores a balanced market, where seller expectations are in line with buyer willingness, reflecting a period of equilibrium in the local HDB market.

However, it is critical to note the model confidence is classified as low, which may imply variability in market conditions or limited data points influencing the valuation. Based on only two recent HDB resale transactions in the vicinity, the analysis may not fully capture the broader market dynamics affecting property values. This limited dataset could lead to fluctuations in future valuations, particularly as the remaining lease term becomes a more significant factor in buyer sentiment and investment decisions. Investors should remain cautious and consider the evolving landscape of HDB leases and their impact on property desirability in the Serangoon area.