1 Room HDB for Rent in 5 Lorong Lew Lian

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 50 years, stands at an estimated value of $136,820, translating to a price per square foot (PSF) of $456. This valuation reflects the current market dynamics, indicating a stable price position with no deviation from the baseline market price. The analysis is grounded in two recent HDB resale transactions within the vicinity, which serve as a critical basis for this valuation.

Despite the seemingly stable market price, the low model confidence suggests that potential fluctuations in the broader market conditions could influence this valuation. The remaining lease period of 50 years is a significant factor in HDB valuations, as properties with shorter leases may experience decreased buyer interest and therefore lower resale values. As such, while this property is currently valued at a competitive rate, prospective buyers should remain cognizant of the lease implications and the evolving market landscape that could impact future valuations.