4-Room HDB for Room Rent: 671B Edgefield Plains

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $88,852, translating to a price per square foot (PSF) of $683. This pricing reflects a stable market equilibrium, with the current market price aligning at 0% difference from the baseline. Such a balance indicates a resilient demand for HDB properties in the Serangoon vicinity, which has seen a consistent interest from both buyers and investors.

Our analysis is bolstered by a robust dataset derived from 369 recent HDB resale transactions in the area, providing a high level of confidence in the model's output. The longevity of the remaining lease enhances the property's appeal, as buyers typically favor homes with extended lease tenures, ensuring a secure investment. Furthermore, the prevailing market dynamics suggest that HDB properties in Serangoon are maintaining their value, supported by a blend of community amenities and accessibility to public transport, which continue to attract diverse demographics in the residential market.