4-Room HDB for Room Rent: 188C Rivervale Drive

The valuation of the 4-room HDB property in the highly sought-after Serangoon district, with a remaining lease of 71 years, stands at an estimated value of $70,298, translating to a price per square foot (PSF) of $657. This valuation reflects a stable market position, showing no deviation from the baseline market price, indicating a balanced equilibrium between supply and demand in the HDB resale segment within this locale.

With a robust model confidence rating of high, this valuation is supported by an extensive analysis of 379 recent HDB resale transactions in the vicinity. The data underscores the resilience of the Serangoon market, where long-term leasehold properties continue to attract buyers looking for both investment potential and residential comfort. The property’s remaining lease is particularly significant, as it provides a substantial runway for appreciation, making it an appealing choice for families and investors alike seeking to capitalize on the area's growth trajectory.