3-Room HDB for Room Rent: 208 Serangoon Central

The valuation of the 3-room HDB unit in Serangoon, with a remaining lease of 58 years, has been estimated at $110,136, translating to a price per square foot (PSF) of $551. This valuation reflects a market price that is currently in equilibrium, showcasing a 0% difference from the baseline. Such stability in pricing is indicative of a balanced demand and supply scenario in this sought-after residential enclave, which is characterized by its accessibility and community amenities.

With a model confidence rated as high, this valuation is supported by a robust analysis of 172 recent HDB resale transactions in the vicinity. The consistent market activity underscores the enduring appeal of Serangoon as a residential choice, particularly for first-time buyers and families. As the remaining lease of 58 years remains a consideration for potential buyers, it is imperative to observe how this dynamic influences future resale prospects and overall market sentiment in the area. The analysis suggests that while the current valuation remains stable, ongoing trends in the HDB market and broader economic conditions will play a crucial role in shaping future valuations.