4 Room (4A) HDB for Rent in 121 Rivervale Drive

The HDB 4-room property located in the coveted Serangoon area has been appraised with an estimated value of $599,644, translating to a price per square foot (PSF) of $666. With a remaining lease of 72 years, this property presents a unique opportunity for prospective buyers in a market characterized by stability and sustained demand. The appraisal reflects a market price that shows a 0% difference from the baseline, indicating a balanced equilibrium between buyer expectations and seller valuations.

Our analysis is backed by a robust dataset, with insights derived from 377 recent HDB resale transactions in the vicinity. This high model confidence underscores the reliability of the valuation, affirming that Serangoon remains a desirable locale for homebuyers seeking both lifestyle amenities and investment potential. The property’s remaining lease is a notable factor in its valuation, as it aligns with current market trends where long leases tend to command higher buyer interest and marketability. In summary, this 4-room HDB unit in Serangoon stands as a competitive offering in today’s real estate landscape, appealing to both owner-occupiers and investors alike.