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

In the current real estate landscape of Singapore, 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 signal that is perfectly aligned with the baseline, indicating no differential price movements within the context of local market dynamics. Such consistency in pricing suggests a stable demand for HDB properties in this locale, despite the relatively shorter remaining lease compared to older estates.

Notably, the model confidence for this valuation is classified as low, which underscores the potential volatility and uncertainty associated with property transactions in this segment. The valuation is derived from just two recent HDB resale transactions in the vicinity, indicating limited data points to support a robust market analysis. As the remaining lease diminishes, it is essential for prospective buyers and investors to consider the implications of leasehold tenure on future marketability and resale potential within the Serangoon district. Overall, while the current valuation remains stable, market participants should remain vigilant of broader economic indicators that could influence future price adjustments.