4-Room HDB for Room Rent: 229 Serangoon Avenue 4

The subject property, a HDB 4-room flat located in the highly sought-after Serangoon area, presents an estimated value of $97,780, equating to a price per square foot (PSF) of $529. With a remaining lease of 56 years, this valuation reflects the current market dynamics, which show a stable pricing trend with a market signal indicating a 0% difference from the baseline. This suggests that the property is well-aligned with the prevailing market conditions, reinforcing its desirability and investment potential.

Furthermore, the valuation is underpinned by a robust dataset, comprising 376 recent HDB resale transactions in the vicinity, which enhances the model's confidence level to high. The data indicates a consistent demand for HDB properties in the Serangoon region, a factor that is crucial for prospective buyers and investors. As the market evolves, the remaining lease of the property will play a pivotal role in its long-term value retention and appreciation, making it an intriguing opportunity for both homebuyers and investors looking to capitalize on the stability of HDB flats in Singapore.