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, presents a compelling opportunity in the current real estate market. Estimated at $759,660, equating to $642 per square foot, this property is positioned favorably with a significant market signal indicating it represents a good deal, showcasing a 21% difference from baseline valuation metrics. This premium positioning is indicative of the healthy demand within the Serangoon precinct, driven by its strategic location and robust community amenities.

Our valuation model, backed by a confident assessment drawn from 146 recent HDB resale transactions in the vicinity, reflects a high level of accuracy and reliability. The model considers various factors, including market trends, property conditions, and the remaining lease period, which plays a crucial role in HDB valuations. With the remaining lease of 72 years, this property not only benefits from a stable tenure but also appeals to a wide range of potential buyers seeking long-term residence in a vibrant neighborhood. The intersection of these dynamics underscores the property's value proposition and reinforces its appeal in the competitive HDB market of Singapore.