4 Room (4A) HDB for Rent in 256A Sumang Walk

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 89 years, stands at an estimated value of $694,425, translating to a price per square foot (PSF) of $694. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB units in this sought-after district. The model confidence is rated as high, bolstered by a thorough analysis of 379 recent HDB resale transactions in the vicinity, which provides a robust data set to inform this valuation.

Serangoon continues to demonstrate a resilient property market, characterized by its strategic location and accessibility to essential amenities and public transport. The longevity of the remaining lease enhances the appeal of this property, as buyers generally prefer assets with substantial lease periods, ensuring both investment security and potential for appreciation. The steady demand observed in this region is indicative of a broader trend in the HDB market, where properties maintain their value amidst fluctuating economic conditions, further underscoring the allure of investing in Singapore's public housing sector.