Master Room (Landed) for Rent in Poh Huat Gardens

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 62 years, is estimated at $93,630, translating to a price per square foot (PSF) of $585. This valuation reflects a stable market position, demonstrating a 0% difference from the baseline market price, indicating that the pricing remains in alignment with current market conditions. The model confidence is rated as high, based on an extensive analysis of 379 recent HDB resale transactions in the vicinity, which reinforces the reliability of this valuation.

In the context of Singapore's dynamic real estate landscape, the longevity of the remaining lease is a crucial factor influencing potential buyers’ perceptions and investment decisions. With 62 years left on the lease, this property stands to appeal to a segment of the market that values a balance between affordability and the opportunity for substantial living space. The consistent pricing observed in recent transactions suggests a resilient demand for HDB properties in Serangoon, reflecting broader market trends where buyers are increasingly prioritizing established neighborhoods with robust amenities and connectivity. The stability in pricing also indicates a balanced supply-demand dynamics, ensuring that this property remains an attractive option for both owner-occupiers and investors alike.