3 Room (3A) HDB for Rent in 111 Serangoon North Avenue 1

The valuation of the 3-room HDB unit located in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $465,471, translating to a price per square foot (PSF) of $541. This valuation reflects a stable market price, with no deviation from the baseline, indicating a balanced demand-supply dynamic. The high confidence level of this model reinforces the reliability of the valuation, which is derived from an analysis of 178 recent HDB resale transactions in the vicinity, providing a robust data foundation for this assessment.

In the context of Singapore's evolving real estate landscape, properties with a remaining lease of 58 years are often scrutinized for their long-term investment potential. The Serangoon area, known for its strategic connectivity and community amenities, continues to attract prospective buyers. As market dynamics shift, the relatively stable pricing of this HDB unit suggests that it remains an appealing option for both first-time homebuyers and investors seeking stable returns in a competitive housing market.