Semi-Detached House for Room Rent: 35 Quemoy Road

In the vibrant district of Serangoon, the valuation for a HDB 4-room flat stands at an estimated value of $178,977, translating to a price per square foot (PSF) of $694. This figure reflects a stable market condition, as indicated by a market price that shows a 0% difference from the baseline. Such stability is noteworthy, especially considering the current economic climate and its impact on housing prices across Singapore.

The remaining lease of 90 years significantly contributes to the attractiveness of this property. With a high model confidence level, derived from an analysis of 376 recent HDB resale transactions in the vicinity, it is evident that demand for HDB flats in Serangoon remains robust. The data suggests a balanced interaction between supply and demand, with potential buyers feeling secure in investing in properties with long lease durations. This dynamic further solidifies Serangoon’s position as a desirable residential area, appealing to both first-time homebuyers and seasoned investors alike.