3-Room HDB for Room Rent: 151 Serangoon North Avenue 2

The valuation of the HDB 3 Room property located in the Serangoon area, with a remaining lease of 58 years, is estimated at $53,522, translating to a price per square foot (PSF) of $535. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand for HDB properties within this locality. The strong market signal, with a 0% difference from the baseline, suggests that the property is well-positioned within the current real estate landscape, attracting potential buyers looking for reliable investment opportunities.

Our analysis is supported by a robust dataset, encompassing 193 recent HDB resale transactions in the vicinity, which reinforces the model's high confidence level in the valuation. The stability of the Serangoon market, coupled with the remaining lease duration, plays a critical role in shaping buyer sentiment. As the demand for HDBs continues to evolve, potential investors are likely to weigh the implications of lease duration heavily; the 58-year remaining lease offers a balance of affordability and longevity, appealing to a diverse demographic of homeowners and investors alike.