4 Room (4STD) HDB for Rent in 131 Rivervale Street

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $713,377, translating to a price per square foot (PSF) of $656. This valuation reflects a compelling market signal, indicating a 0% difference from the baseline, suggesting that the property is positioned at a fair market rate given current economic conditions and demand dynamics in the area.

Analyzing the recent trends, the valuation is grounded in robust empirical evidence, derived from 38 recent HDB resale transactions within the vicinity. The high model confidence in this assessment underscores the stability and resilience of the Serangoon property market, particularly for HDB units. The remaining lease of 71 years provides a significant window for potential homeowners or investors, as it balances between longevity and market appeal, ensuring that the property maintains its desirability in both the short and medium term. This factor, combined with the area's ongoing development plans and infrastructural enhancements, positions this HDB unit favorably in a competitive landscape.