Common Room (HDB) for Rent in 202 Serangoon Central

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $67,624, translating to a price per square foot (PSF) of $564. This valuation reflects a stable market condition, as evidenced by the market price being at 0% difference from the baseline. The robust model confidence, classified as high, indicates that the valuation is supported by extensive data analysis and aligns with current market trends.

Analyzing the local market dynamics, this property is positioned within a competitive landscape, as demonstrated by the 379 recent HDB resale transactions in the vicinity. The remaining lease of 58 years is a critical factor that influences buyer sentiment and investment decisions in Singapore's HDB market. As the market matures, properties with such lease terms will continue to attract interest, particularly from families seeking long-term housing solutions. The equilibrium in pricing suggests a balanced demand and supply scenario, making it an opportune time for potential buyers to consider this offering in Serangoon.