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 an estimated value of $322,438, translating to a price per square foot (PSF) of $638. This valuation reflects a market price that remains stable, with a 0% difference from the baseline, indicating a balanced demand and supply equilibrium in the local property market. The consistent pricing is particularly notable given the surrounding market dynamics, which have shown fluctuations in other segments.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set available for analysis, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may hinder a comprehensive understanding of the market trends and dynamics at play. As such, potential buyers and investors should exercise caution and consider the broader context of the Serangoon area, including factors such as future development plans and changes in demographic trends, which could influence property values in the long run.