Master Room (HDB) for Rent in 183B Rivervale Crescent

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $95,774, translating to a price per square foot (PSF) of $638. This valuation indicates a market price that maintains a neutral stance, reflecting a 0% difference from the baseline. Such stability in valuation may suggest an equilibrium within the local market, potentially influenced by the prevailing economic conditions and buyer sentiment.

However, it is essential to note the model confidence in this valuation is categorized as low, derived from only two recent HDB resale transactions in the vicinity. This limited dataset may not fully encapsulate the broader market dynamics at play, potentially impacting the reliability of the valuation. Investors and buyers should consider the implications of the remaining lease period, as properties with shorter leases may experience increased scrutiny in future valuations, particularly in a market that is sensitive to lease longevity.