1 Bed Terraced House (Landed) for Rent in Serangoon Road

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $234,646, translating to a price per square foot (PSF) of $670. This valuation indicates a market price that is precisely aligned with the baseline, reflecting a stable demand within the locality. The absence of any significant price variation suggests that the market is currently in a state of equilibrium, where buyer and seller expectations are closely matched.

It is important to note that the model confidence for this valuation is categorized as low, primarily driven by the limited transactional data, with only two recent HDB resale transactions in the vicinity serving as the basis for this analysis. This scarcity of data can lead to fluctuations in perceived value, particularly in a dynamic market like Serangoon, where external factors such as infrastructure developments and demographic shifts can significantly influence pricing trends. Therefore, while the current valuation provides a snapshot of market positioning, potential buyers and investors should exercise caution and consider broader market signals and individual property conditions when making informed decisions.