4-Room HDB for Room Rent: 178A Rivervale Crescent

The valuation of the HDB 4-room unit located in Serangoon, with a remaining lease of 86 years, stands at an estimated value of $60,122, translating to a price per square foot of $683. This valuation reflects the current market dynamics and is corroborated by a robust dataset comprising 373 recent HDB resale transactions within the vicinity. The model confidence is rated as high, indicating a reliable and accurate assessment of the property’s worth.

Notably, the market price for this property shows a 0% difference from the baseline, suggesting that it is currently positioned at equilibrium in the market. This stability may be indicative of a balanced demand and supply scenario in the Serangoon area, where buyers and sellers are aligning on value expectations. The remaining lease of 86 years is also a significant factor, as it provides a long-term investment horizon for potential homeowners, enhancing the attractiveness of this HDB unit amidst Singapore's evolving real estate landscape.