4-Room HDB for Room Rent: 545 Serangoon North Avenue 3

The valuation of the HDB 4 Room property located in the Serangoon area, with a remaining lease of 69 years, stands at an estimated value of $110,602, translating to a price per square foot (PSF) of $553. This valuation is particularly noteworthy as it reflects a market price that shows a stable position, with a 0% difference from the baseline, indicating that the property’s pricing is well-aligned with current market expectations.

However, it is important to highlight the model confidence for this valuation, which is categorized as low. This suggests that while the recent transactions in the vicinity provide a basis for comparison—spanning four recent HDB resale transactions—the limited data points may not fully encapsulate the broader market dynamics affecting property values in this region. As the remaining lease diminishes, potential buyers may exhibit varying levels of interest, potentially impacting future resale opportunities. Investors should remain vigilant of the evolving market trends and leasehold implications, as these factors could significantly influence the property's long-term valuation.