Terraced House for Room Rent: ARDISIA GARDENS

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 69 years, stands at an estimated value of $268,165, translating to a price per square foot (PSF) of $670. This valuation positions the property squarely in line with the current market baseline, reflecting a 0% difference from the prevailing market price. Such stability in pricing indicates a robust demand for HDB properties in this sought-after district, characterized by its family-friendly amenities and strategic connectivity.

Our analysis is underpinned by a comprehensive review of 379 recent HDB resale transactions in the vicinity, allowing us to derive a high model confidence level in this valuation. The consistency of the market price suggests a balanced equilibrium, where buyer sentiment aligns with the intrinsic value of the property. The remaining lease period of 69 years is also a critical factor, as it strikes a favorable balance between long-term occupancy potential and the diminishing lease factor that can influence value perception in the Singaporean HDB market. Overall, this property not only represents a sound investment opportunity but also exemplifies the underlying strength of the Serangoon residential landscape.