Terraced House for Room Rent: leith road

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $136,026, translating to a price per square foot (PSF) of $680. This valuation is particularly noteworthy as it reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests a well-balanced demand and supply dynamic in the Serangoon locality, further reinforcing the attractiveness of the area for potential buyers and investors.

With model confidence rated as high, this valuation is substantiated by a thorough analysis of 379 recent HDB resale transactions in the vicinity, which serve as a robust data foundation. The remaining lease of 75 years is a critical factor in this valuation, as it offers potential homeowners a substantial duration of leasehold tenure, appealing to both owner-occupiers and investors alike. As the market continues to evolve, the Serangoon area remains a focal point for HDB transactions, underscoring its desirability and potential for future appreciation.