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

The valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 71 years, is estimated at $128,682, translating to a price per square foot (PSF) of $643. This valuation indicates a stable market position, as the estimated value demonstrates a 0% difference from the baseline market price. Such stability reflects a well-balanced demand and supply scenario in the Serangoon area, which is renowned for its accessibility and vibrant community amenities.

With a high model confidence rating, derived from analysis of 38 recent HDB resale transactions within the vicinity, this valuation underscores the resilience of the HDB market in Serangoon. The remaining lease of 71 years provides a strong foundation for long-term investment, appealing particularly to families seeking a secure living environment. As the property market continues to evolve, the dynamics of leasehold tenure will play a crucial role in influencing buyer sentiment, making this property an attractive option for both current homeowners and potential investors alike.