4-Room HDB for Room Rent: 256C Sumang Walk

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $104,530, translating to a price per square foot of $697. This valuation reflects a stable market condition, as indicated by the market price showing no deviation from the baseline. The model confidence in this assessment is rated as high, underscoring the reliability of our valuation metrics.

This property is situated within a robust market environment, substantiated by a comprehensive analysis of 373 recent HDB resale transactions in the vicinity. The Serangoon area has demonstrated resilience, with steady demand driven by its strategic location and accessibility to amenities. The remaining lease of 88 years positions this unit favorably in the market, appealing to both first-time buyers and investors seeking long-term value in a well-established neighborhood. As the market continues to evolve, this HDB unit stands as a testament to the enduring appeal of Serangoon, suggesting a promising outlook for prospective buyers.