4-Room HDB for Room Rent: 236 Serangoon Avenue 3

The valuation of the HDB 4-room property located in the highly sought-after Serangoon district reflects a current estimated value of $84,414, translating to a price per square foot of $563. With a remaining lease of 57 years, this property commands attention within the context of the local real estate market, particularly as leasehold properties in Singapore are evaluated not only on their immediate physical attributes but also on the longevity of their lease terms.

Analyzing the market dynamics, this valuation indicates a market price that aligns closely with the baseline, showcasing a 0% difference from the established benchmarks. This stability in pricing can be attributed to the recent performance of comparable HDB resale transactions in the vicinity, which have been used to inform this assessment. However, the model confidence is categorized as low, suggesting that while the data is indicative, it may be influenced by recent fluctuations in buyer sentiment and external economic factors. As such, potential investors should exercise caution and consider the broader market signals alongside the specific characteristics of this property.