Terraced House for Room Rent: 2 Bedroom Property on 7th Street, Complex 536340

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $195,379, translating to a price per square foot (PSF) of $651. This figure reflects the current market dynamics, indicating a neutral market signal with a 0% difference from the baseline valuation. Such stability suggests that this property is positioned in line with prevailing market conditions, yet it also indicates a cautious outlook given the low model confidence based on only two recent HDB resale transactions in the vicinity.

In the context of Singapore's real estate landscape, the remaining lease of this property is a critical factor influencing buyer sentiment and pricing. Properties with substantial remaining leases tend to attract interest as they offer longevity and stability, appealing to both homebuyers and investors. However, the low model confidence score signals a potential volatility in pricing trends, which could be attributed to limited recent sales data. As market conditions evolve, stakeholders should keep a close watch on future transactions in the area to gain a clearer understanding of value trajectories and demand shifts.