Terraced House for Room Rent: Sunshine Terrace

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 75 years, presents an estimated value of $67,042, translating to $670 PSF. This valuation aligns closely with the market baseline, indicating a 0% difference from the established market price. Such stability in pricing reflects a balanced demand and supply dynamic within this specific segment of the HDB market, particularly for properties with longer remaining leases, which are typically favored by buyers for their longevity and investment potential.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily derived from only two recent resale transactions in the vicinity. This limited data set may not fully capture the broader market trends or fluctuations that could influence future valuations. As such, prospective buyers and investors should approach this valuation with caution, considering the current market dynamics and the potential for variability in future pricing as more data emerges or as the economic landscape shifts.