4-Room HDB for Room Rent: 614B Edgefield Plains

The HDB 4 Room property located in Serangoon, with a remaining lease of 85 years, is currently estimated at a value of $138,829, translating to a price per square foot (PSF) of $694. This valuation reflects a stable market position, as indicated by a 0% difference from the baseline market price. Such a consistent valuation suggests that the property is well-aligned with current market expectations and demand dynamics in the area, which have shown resilience amid fluctuating economic conditions.

Our analysis is bolstered by data from 384 recent HDB resale transactions in the vicinity, providing a robust statistical foundation for this assessment. The high model confidence rating indicates a reliable correlation between the property’s characteristics and prevailing market trends. The stability of the Serangoon area, coupled with the significant remaining lease, enhances the attractiveness of this HDB unit, making it a viable option for both homeowners and investors looking to capitalize on the long-term value of Singapore's public housing.