2 Room (2STD) HDB for Rent in 180D Rivervale Crescent

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 86 years, stands at approximately $322,438, translating to a price per square foot (PSF) of $638. This valuation indicates a market price that reflects no deviation from the baseline, suggesting a stable demand environment for similar properties in the region. Given the long remaining lease, this unit offers potential buyers an advantageous position, appealing to both owner-occupiers and investors looking for stability in their property investments.

However, it is essential to note that the model confidence for this valuation is rated low. This is primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. The low confidence level emphasizes the importance of considering broader market dynamics, including the overall sentiment in the HDB resale market and local economic indicators. As the market remains sensitive to fluctuations in demand and supply, prospective buyers and investors should approach this valuation with caution, keeping abreast of ongoing trends in the Serangoon area.