4-Room HDB for Room Rent: 7 Lorong Lew Lian

In the current property landscape of Singapore, the valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 50 years, presents a nuanced perspective on market dynamics. The estimated value of $52,897, translating to $441 per square foot, reflects a stabilizing market sentiment, particularly as it registers a 0% difference from the baseline market price. This valuation indicates that the property is positioned in alignment with prevailing market trends, suggesting a level of equilibrium in buyer and seller expectations.

However, it is essential to note that the model confidence is rated as low, attributed to the limited data derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may imply potential volatility in the valuation, warranting a cautious approach for prospective buyers and investors. The remaining lease period of 50 years plays a crucial role in the investment decision-making process, as it may affect future resale potential and overall desirability in a market that increasingly favors properties with longer leases. As such, stakeholders must remain vigilant to broader market signals and local developments that could influence this segment of the HDB market in Serangoon.