4-Room HDB for Room Rent: 103 Serangoon North Avenue 1

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 57 years, presents a calculated estimated value of $55,603, translating to a price per square foot (PSF) of $463. This valuation reflects a market price that remains consistent with the established baseline, indicating a stable demand within the local real estate landscape. The absence of variance from baseline values suggests a current equilibrium in pricing, which may be influenced by broader economic factors and housing market trends.

However, it is imperative to note the model confidence level is categorized as low, which may indicate potential volatility or unpredictability in the current market conditions. The analysis is derived from a review of seven recent HDB resale transactions in the vicinity, which provides a limited data set for comprehensive insights. Given the remaining lease duration of 57 years, buyers may need to weigh the implications of lease decay against market conditions, particularly in a competitive environment where the desirability of HDB flats can fluctuate significantly.