5 Room (5I) HDB for Sale in 122D Rivervale Drive

The valuation of the HDB 5-room property located in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $812,897, translating to a competitive $687 per square foot (PSF). This valuation reflects a significant market signal, categorized as a Good Deal, with a notable 26.2% difference from the baseline. Such a discrepancy suggests that the property presents strong investment potential, particularly within the context of a buoyant HDB resale market.

Our analysis is further bolstered by a high model confidence level, derived from an evaluation of 38 recent HDB resale transactions in the vicinity. This robust dataset underlines the resilience of the Serangoon area as a sought-after locale, particularly for families and long-term investors. The remaining lease of 72 years also plays a pivotal role in the valuation, as properties with such a lease length are generally perceived to offer sufficient tenure for both occupancy and investment purposes, thereby enhancing their appeal in the current market landscape.