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

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $632,449, translating to $647 PSF. This assessment reflects a market price that is consistent with the baseline, indicating a 0% difference and suggesting a stable demand within this segment. Such stability is crucial, particularly in a dynamic real estate environment, as it signals a balanced equilibrium between buyers and sellers in the vicinity.

Our analysis is underpinned by a robust dataset comprising 40 recent HDB resale transactions in the area, providing a high level of confidence in this valuation. The model confidence is categorized as high, suggesting that the trends observed are reflective of the prevailing market conditions. The remaining lease period of 72 years is significant, as properties with longer leases generally command better interest and pricing, particularly among young families and first-time buyers seeking long-term investment opportunities. As such, this unit represents a compelling option for prospective homeowners looking to enter a well-established neighborhood with strong appreciation potential.