5 Room (5I) HDB for Sale in 193 Rivervale Drive

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 72 years, reflects a robust market positioning, evidenced by an estimated value of $831,301, equating to a price per square foot (PSF) of $696. This valuation indicates a competitive standing within the local market, particularly given the current demand for HDB properties in the region. The property is positioned as a good deal, showcasing a 15.9% variance from the baseline, which underscores its attractiveness to potential buyers.

Our analysis draws upon 40 recent HDB resale transactions within the vicinity, contributing to a high model confidence level. The Serangoon area, known for its strategic location and family-friendly amenities, continues to see a consistent interest in HDB properties, particularly those with substantial remaining leases. As the market dynamics evolve, this property stands out not only for its favorable pricing but also for its potential for appreciation, making it an enticing option for both first-time buyers and seasoned investors alike.