5 Room (5I) HDB for Rent in 117A Rivervale Drive

The valuation of the HDB 5 room unit located in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $783,275, translating to a price per square foot (PSF) of $633. This assessment is derived from a robust analysis of 146 recent HDB resale transactions within the vicinity, which underscores the model's high confidence level in its predictive accuracy. The current market signal indicates a baseline alignment, with no significant deviation from prevailing market prices, suggesting a stable demand within this neighborhood.

Serangoon, known for its strategic location and accessibility, continues to maintain its appeal among homebuyers, particularly in the HDB segment. The longevity of the remaining lease enhances the intrinsic value of this property, allowing it to remain competitive in a market characterized by fluctuating prices and buyer sentiment. As the dynamics of the Singapore real estate landscape evolve, this valuation reflects not only the physical attributes of the property but also the broader economic indicators influencing buyer behavior and market trends.