Common Room (HDB) for Rent in 226 Serangoon Avenue 4

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $107,596, translating to a price per square foot (PSF) of $538. This valuation reflects the current market dynamics, as the property is priced at par with the baseline market price, indicating a stable and balanced demand within the area. The model confidence for this valuation is rated as high, underscoring the robustness of the analytical framework employed.

Analyzing the broader context, this valuation is supported by a significant dataset of 376 recent HDB resale transactions within the vicinity, showcasing a healthy turnover and consistent buyer interest. The Serangoon district, known for its accessibility and vibrant community amenities, maintains a resilient housing market, particularly for HDB flats. With the remaining lease being a critical factor in assessing value, the 57 years left on this property positions it favorably within the typical lifecycle of HDB flats, appealing to both first-time buyers and investors alike.