Common Room (HDB) for Rent in 164A Rivervale Crescent

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 90 years, stands at an estimated value of $95,774, translating to a price per square foot (PSF) of $638. This valuation reflects the current market price, showing a 0% variance from the baseline. Such stability in pricing indicates a relatively balanced market environment, suggesting that the property is competitively positioned within its local context, particularly considering the ongoing demand for HDB units in this sought-after district.

However, the model confidence for this valuation is categorized as low, primarily based on the limited data derived from just two recent HDB resale transactions in the vicinity. This lack of extensive transaction data may contribute to the uncertainty surrounding the property’s valuation, highlighting the importance of ongoing market monitoring. Investors and homeowners should remain aware of the broader market dynamics, including lease longevity and neighborhood developments, as these factors significantly influence HDB valuations in Singapore's evolving real estate landscape.