Room (HDB) for Rent in 156 Rivervale Crescent

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 78 years, has been estimated at $61,212, translating to an impressive $680 per square foot. This valuation reflects a keen alignment with current market dynamics, showcasing a 0% difference from the baseline market price. Such stability indicates a balanced market, where demand and supply are effectively matched, providing a reassuring signal for prospective buyers and investors alike.

With a robust base of 379 recent HDB resale transactions within the vicinity, the model confidence in this valuation is categorized as high. This substantial dataset enhances the reliability of the market signal, suggesting that the pricing reflects true market sentiment. The 78-year lease remaining on the property further underscores its appeal, as it provides ample time for appreciation while mitigating concerns associated with shorter lease tenures. Overall, this valuation not only emphasizes the property’s intrinsic value but also highlights the enduring desirability of the Serangoon area within Singapore’s dynamic real estate landscape.