4-Room HDB for Room Rent: 102 Serangoon North Avenue 1

The HDB 4-room property located in Serangoon, with a remaining lease of 57 years, has been assessed with an estimated value of $31,829, translating to a competitive price of $530 per square foot. This valuation is indicative of a stable market position, as reflected by a market price that shows no deviation from the baseline. Such consistency in pricing often signals a balanced supply and demand scenario, highlighting the desirability of the Serangoon district among potential buyers.

With model confidence rated as high, this valuation draws upon a robust dataset comprising 238 recent HDB resale transactions in the vicinity. The strong analytical foundation not only reinforces the credibility of the estimated value but also underscores the underlying market dynamics. As the remaining lease of 57 years remains attractive to buyers, it is essential for stakeholders to consider the implications of lease duration on property appreciation potential, especially in a market characterized by a focus on long-term investment stability.