5 Room (5I) HDB for Rent in 163A Rivervale Crescent

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $796,446, translating to a price per square foot (PSF) of $655. This valuation reflects a noteworthy market signal, as it indicates no deviation from the established baseline, suggesting a stable equilibrium in the local property market. Given the high model confidence rating, which is bolstered by the analysis of 146 recent HDB resale transactions in the vicinity, we can infer a robust level of accuracy in this valuation.

The sustained demand for HDB properties in Serangoon, combined with the relatively long remaining lease, positions this unit favorably within the current market landscape. The area is known for its connectivity and amenities, which continue to attract homebuyers and investors alike. As the HDB market experiences fluctuations, the stability observed in this valuation underscores the significance of long leasehold properties, particularly in sought-after locations such as Serangoon. This analysis not only reflects current market sentiment but also points towards a promising outlook for prospective buyers and investors in the region.