Common Room (HDB) for Rent in 113 Rivervale Walk

The HDB 4 Room unit located in Serangoon, with a remaining lease of 71 years, has been appraised at an estimated value of $134,027, translating to $670 PSF. This valuation reflects a market price that is precisely aligned with the baseline, indicating a stable market environment in the vicinity. Such equilibrium suggests that demand for housing in Serangoon remains robust, with buyers willing to meet the seller's asking price without any premium or discount.

Our analysis is grounded in a comprehensive review of 379 recent HDB resale transactions within the area, which supports a high level of model confidence. The consistent pricing amidst a significant number of transactions indicates a reliable market trend, suggesting that properties in this segment are maintaining their value effectively. With 71 years remaining on the lease, this unit offers potential buyers a substantial tenure, aligning with the preferences of many Singaporean homeowners seeking long-term residence. Overall, this valuation underscores the strong demand and optimistic market dynamics present in Serangoon's HDB sector.