4-Room HDB for Room Rent: 217 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 $65,098, translating to a price per square foot (PSF) of $542. This valuation reflects a market price that is aligned with the baseline, indicating a stable market condition with a 0% difference from the established norm. Such a consistency in pricing suggests a balanced supply and demand scenario within the vicinity, which is corroborated by a robust dataset of 232 recent HDB resale transactions in the area.

The high model confidence associated with this valuation underscores the reliability of the data and the analytical framework employed. As the market dynamics continue to evolve, the remaining lease of 57 years is a critical factor that potential buyers must consider, particularly in relation to the long-term implications for property value and resale potential. In a market characterized by fluctuating demand, this property exemplifies a sound investment opportunity, underpinned by strong local demand and a well-established residential community.