Terraced House for Room Rent: Serangoon Garden Estate

The valuation of the 2-room HDB unit situated in the Serangoon area, with a remaining lease of 75 years, stands at an estimated value of $127,698, equating to a price per square foot (PSF) of $638. This valuation reflects a stable market signal, with no deviation from the baseline price, indicating a current equilibrium in the local HDB market. The absence of price fluctuation suggests a balanced demand and supply dynamic, which is crucial for prospective buyers considering long-term investment in this segment.

It is noteworthy that the model confidence for this valuation is classified as low, derived from the analysis of only two recent HDB resale transactions in the vicinity. This limited data set may suggest potential volatility in the pricing trends, which can be influenced by various factors such as economic conditions and changes in buyer preferences. As such, stakeholders should remain vigilant and consider broader market indicators and comparable sales when evaluating the longevity and appreciation potential of this property in the ever-evolving landscape of Singapore's HDB market.