4-Room HDB for Room Rent: 365D Upper Serangoon Road

The valuation of the 4-room HDB property located in Serangoon, with a remaining lease of 89 years, stands at an estimated value of $205,216, translating to a price per square foot (PSF) of $708. This valuation is particularly noteworthy as it shows no deviation from the baseline market price, suggesting a stable and well-balanced market environment for HDB properties in this region. The model confidence for this valuation is classified as high, based on an extensive analysis of 500 recent HDB resale transactions in the vicinity, which reinforces the reliability of the data and the accuracy of the valuation.

In the context of Singapore's evolving real estate landscape, the remaining lease of 89 years provides a significant advantage for potential buyers, aligning well with the market's tendency to favor properties with longer leases. This aspect, coupled with the recent data trends, indicates a healthy demand for HDB units in Serangoon, which is consistently recognized for its strategic location and robust community amenities. As such, this property not only represents a solid investment opportunity but also reflects the overall resilience and attractiveness of the HDB market within Singapore’s real estate sector.