5 Room (5I) HDB for Sale in 192B Rivervale Drive

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 71 years, stands at an estimated value of $854,930, translating to $691 PSF. This assessment is underpinned by an extensive analysis of 38 recent HDB resale transactions in the vicinity, which reinforces the reliability of our valuation model. The strong market signal indicates that this property represents a good deal, with a notable 24.2% difference from the baseline value, suggesting a favorable opportunity for potential buyers in the current market landscape.

In the context of Singapore’s dynamic property market, the remaining lease of this HDB unit plays a significant role in its valuation and attractiveness. With 71 years left, the property is poised to appeal to a broad demographic, including young families and investors seeking long-term stability. The insights drawn from the surrounding market activity further bolster the confidence level of our valuation model, which is classified as high. This expert analysis not only highlights the property’s competitive pricing but also reflects the underlying strength of the Serangoon area as a desirable residential locale.