5 Room (5I) HDB for Rent in 311C Anchorvale Lane

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $1,002,542, translating to a price per square foot (PSF) of $840. This valuation reflects a market price that is in line with the baseline, indicating a stable demand and supply equilibrium in this desirable residential enclave. Given that the model confidence is classified as medium, it suggests a cautious optimism in the robustness of this valuation, particularly considering the nuances of the local market and the recent transaction dynamics.

Analysis of the surrounding area reveals a backdrop of 8 recent HDB resale transactions, which provide a reliable comparative basis for our valuation. The consistent pricing observed within these transactions illustrates a resilient market, underscoring Serangoon's appeal as a sought-after location for homebuyers. The remaining lease of 75 years further enhances the attractiveness of this property, as it offers a significant tenure for prospective buyers, balancing longevity with investment potential. In summary, this valuation encapsulates the strong fundamentals of the Serangoon HDB market, characterized by stable pricing trends and an appealing lease structure.