Terraced House for Room Rent: HOW SUN GARDEN

The valuation of the HDB 4-room unit in Serangoon reflects a strategic positioning within a well-established residential enclave, boasting a remaining lease of 75 years. With an estimated value of $178,534, translating to $714 per square foot, this property is indicative of current market conditions, maintaining a stable equilibrium with no deviation from baseline pricing. This consistent valuation underscores the inherent demand for HDB units in the region, highlighting Serangoon’s appeal as a sought-after locale for both homeowners and investors alike.

Analyzing the broader market dynamics, our model draws on an extensive dataset of 379 recent HDB resale transactions in the vicinity, which reinforces the robustness of the valuation with a high confidence level. The strong market signal, indicating a 0% difference from baseline, suggests that the property has been accurately priced in accordance with prevailing market trends. This stability is particularly relevant given the remaining lease of 75 years, as it positions the unit favorably against the backdrop of Singapore's evolving real estate landscape. As demand for HDB homes remains resilient, this property exemplifies the enduring value and investment potential inherent in Singapore's public housing sector.