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

The valuation of the HDB 4-room unit in Serangoon, with an estimated value of $205,216, reflects a significant stability in the local property market, characterized by a price per square foot (PSF) of $708. With a remaining lease of 89 years, this property stands as an attractive option for homebuyers and investors alike, as it offers a substantial duration of tenure, thereby mitigating concerns related to lease decay typically associated with shorter remaining leases.

The current market signal indicates a 0% difference from the baseline, suggesting that the property is positioned at a fair market value, aligned with recent trends observed across the vicinity. This valuation is bolstered by robust model confidence, drawing from a comprehensive analysis of 500 recent HDB resale transactions in the area. Such a high degree of confidence underscores the reliability of the data, reflecting consistent buyer demand and market stability in Serangoon, an area known for its vibrant community and accessibility.

• Remaining Lease: 89 years
• Estimated Value: $205,216 ($708 PSF)
• Market Signal: 0% difference from baseline
• Model Confidence: High