Common Room (HDB) for Rent in 204 Serangoon Central

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $95,227, translating to a price per square foot (PSF) of $529. This valuation is reflective of the current market conditions, with the property exhibiting a market price that is precisely aligned with the baseline, indicating a 0% variation. Such stability suggests a balanced demand-supply equation in the Serangoon area, where the unit is located.

However, it is imperative to note that the model confidence associated with this valuation is classified as low, primarily due to the limited dataset, which comprises only two recent HDB resale transactions in the vicinity. This scarcity of comparable transactions may contribute to potential fluctuations in value, as broader market dynamics evolve. As such, prospective buyers and investors should exercise caution and consider the implications of the remaining lease duration, as it plays a significant role in long-term value retention and investment viability within the Singapore HDB market.