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

The valuation of the 4-room HDB property in Serangoon, with a remaining lease of 71 years, is estimated at $70,298 or $657 per square foot (PSF). This valuation reflects a stable market price, showing a 0% difference from baseline, indicating that the property is currently priced in line with recent market trends and comparable sales in the area.

Our analysis is based on a comprehensive review of 379 recent HDB resale transactions in the vicinity, which provides a robust dataset for establishing market sentiment and property value stability. The high model confidence of this valuation suggests that the property is well-positioned within the local market dynamics, benefiting from strong demand for HDB units in Serangoon, a neighborhood known for its accessibility and family-friendly amenities. As such, the remaining lease of 71 years adds an attractive element for potential buyers, ensuring a long-term investment horizon in a vibrant community.