Terraced House for Room Rent: Valley Road Landed House

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $234,646, translating to a price per square foot (PSF) of $670. This valuation reflects a market price that is in line with the baseline, indicating a neutral market signal with a 0% variance. Such stability in pricing suggests a balanced demand and supply scenario within the Serangoon HDB market, where buyers remain cautious yet active.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, which is based on only two recent resale transactions in the vicinity. This scarcity of comparative data may impact the robustness of the valuation, implying that potential investors and stakeholders should approach this figure with a degree of caution. The dynamics of HDB leases, particularly with a remaining term of 75 years, can significantly influence buyer sentiment and long-term investment strategies, as properties with shorter leases may face increased scrutiny in terms of future resale potential.