4 Room (4A) HDB for Sale in 183D Rivervale Crescent

The valuation of the 4-room HDB property located in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $650,678, translating to a price per square foot (PSF) of $711. This valuation reflects a market price adjustment of 3.2% from the baseline, indicating a stable yet competitive market environment within this residential enclave. The property’s positioning in Serangoon, a well-established neighborhood known for its accessibility and amenities, contributes significantly to its valuation. The ongoing demand for HDB units in this area persists, bolstered by the proximity to key transport nodes and lifestyle attractions.

Considering the model confidence level of medium, it is prudent to interpret this valuation within the context of recent market dynamics. The analysis is substantiated by 18 comparable HDB resale transactions in the vicinity, providing a robust dataset from which to draw insights. The relatively moderate difference from the baseline suggests that while there is some upward price momentum, the market is not experiencing drastic fluctuations. Buyers should be aware of the implications of the remaining lease, as properties with shorter leases may face higher scrutiny and valuation adjustments in the future. Overall, this valuation reflects a strategic investment opportunity in a desirable location, balancing both current market conditions and future lease considerations.