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

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 86 years, stands at an estimated value of $60,122, equating to a price per square foot (PSF) of $683. This figure reflects a solid alignment with the current market baseline, indicating a 0% difference from the established market price. This stability in valuation is bolstered by a robust dataset of 373 recent HDB resale transactions within the vicinity, which provides a comprehensive overview of market dynamics and reinforces the reliability of the estimated value.

In the context of Singapore’s ever-evolving real estate landscape, the remaining lease period of 86 years is a significant factor influencing buyer perception and investment potential. Properties with longer leases tend to attract a broader segment of buyers, ensuring sustained interest and liquidity in the market. The high model confidence associated with this valuation underscores the resilience of Serangoon as a desirable residential area, characterized by its strategic location and vibrant community amenities. As such, this HDB unit represents not only a sound investment opportunity but also a reflection of the prevailing stability in the local property market.