3 Bed Shophouse (Landed) for Rent in Upper Paya Lebar Road

The valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $971,194, translating to a price per square foot of $694. This valuation reflects a pivotal moment in the HDB market, as it indicates a market price that is in alignment with the baseline, showcasing a 0% difference from the average price point in the area. Such stability in pricing is indicative of a well-balanced supply-demand dynamic, reinforcing the attractiveness of properties within this locality.

The high model confidence, derived from an extensive analysis of 376 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. It is imperative to note that the extended remaining lease of 75 years significantly bolsters the property’s market appeal, positioning it favorably against competing units with shorter leases. As the Serangoon area continues to evolve with infrastructural enhancements and community developments, the sustained interest in HDB properties reflects a robust investment sentiment, ensuring that this 4-room unit remains a prime asset within the vibrant Singapore real estate landscape.