Common Room (HDB) for Rent in 226 Serangoon Avenue 4

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $101,012, translating to a price per square foot (PSF) of $505. This valuation reflects a market price that indicates no deviation from the baseline, suggesting a stable market condition in the locality. The absence of appreciable fluctuation in pricing may be indicative of a balanced supply and demand scenario, where buyers and sellers are operating within a closely aligned expectation of value.

However, the model confidence for this valuation is classified as low, primarily due to the limited dataset available for analysis, with only two recent HDB resale transactions in the vicinity serving as the basis for this estimate. Such a narrow data range can lead to greater volatility in market assessments and highlights the importance of considering broader market trends, including the dynamics of leasehold properties in Singapore. In the context of a 57-year lease remaining, potential buyers should be cognizant of the implications on long-term investment and resale value, particularly as the property approaches its lease expiration.