4-Room HDB for Room Rent: 191A Rivervale Drive

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 71 years, has emerged at an estimated value of $193,546, translating to $645 PSF. This figure is indicative of a stable market condition, as it aligns precisely with the baseline market price, reflecting a 0% difference. Such stability is a testament to the resilience of the HDB market in this desirable locale, where recent trends have shown a consistent demand for quality public housing.

Our assessment is grounded in a robust dataset, incorporating insights from 37 recent HDB resale transactions within the vicinity. The high model confidence rating suggests a reliable correlation between the valuation and actual market performance. The enduring lease period of 71 years further enhances the attractiveness of this property, offering potential buyers a significant time horizon to benefit from the appreciating value of real estate in Serangoon. This combination of favorable lease dynamics and stable pricing underscores the property’s investment potential in a competitive market landscape.