Terraced House for Room Rent: Inter-terrace at Lorong Gambir

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $67,042, translating to a price per square foot (PSF) of $670. This valuation reflects a market signal that is consistent with the baseline price, indicating a neutral market trend with no significant appreciation or depreciation observed in the immediate vicinity. The stability in pricing underscores the current demand and supply equilibrium within this segment of the HDB market.

However, it is important to note the model confidence for this valuation is classified as low, based on the limited data derived from only two recent HDB resale transactions in the area. Such a small sample size may not fully encapsulate the broader market dynamics at play. Investors and homeowners should consider this context of limited transactional data, as it may affect the reliability of the estimated value. As the remaining lease of 75 years continues to diminish, potential buyers may need to weigh their options carefully, taking into account both the long-term implications of lease tenure and the prevailing market conditions.