4 Room (4A) HDB for Rent in 193 Rivervale Drive

The valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $632,449, translating to a price per square foot of $647. This valuation is significant as it reflects the current market equilibrium, with a market price showing a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario in the Serangoon area, which is known for its accessibility and vibrant community living.

With a high model confidence level derived from an analysis of 40 recent HDB resale transactions in the vicinity, this valuation underscores the resilience of the HDB market in this locality. The remaining lease period of 72 years is particularly pertinent, as properties with longer leases typically command greater interest from potential buyers. As the Serangoon area continues to develop, it is expected that the demand for HDB units will remain robust, thereby sustaining property values in the coming years.