4 Room (4A) HDB for Rent in 220C Sumang Lane

The HDB 4-room unit located in the Serangoon area, with a remaining lease of 91 years, has been appraised at an estimated value of $697,895, translating to a price per square foot (PSF) of $697. This valuation reflects a strong alignment with the current market dynamics, as evidenced by the absence of deviation from the baseline market price, indicating a 0% difference. Such stability in pricing suggests a balanced supply and demand scenario within this sought-after residential enclave.

With a robust model confidence rating categorized as high and supported by a comprehensive analysis of 368 recent HDB resale transactions in the vicinity, this valuation underscores the resilience and attractiveness of the Serangoon market. The longevity of the remaining lease is a significant factor contributing to the property's desirability, appealing to both first-time homebuyers and investors seeking long-term capital appreciation. In summary, the consistent market signals coupled with a favorable lease term position this HDB unit as a compelling opportunity in Singapore's dynamic real estate landscape.