Common Room (HDB) for Rent in 404 Serangoon Avenue 1

The valuation of the 2-room HDB unit located in Serangoon reflects a nuanced interplay of market dynamics and property specifics. With an estimated value of $83,460 and a price per square foot (PSF) of $556, the appraisal indicates a stable market price, showcasing a 0% deviation from the baseline. This stability suggests a balanced demand-supply equation within the HDB segment in this area, reinforced by the low confidence rating attached to the model, which underscores the caution warranted in interpreting these figures amidst fluctuating market conditions.

Notably, the unit's remaining lease of 61 years positions it at a critical juncture in the context of HDB property investments. Properties with more than 60 years of leasehold remaining generally retain their attractiveness, although they may face heightened scrutiny concerning future valuation trajectories as the lease term diminishes. The analysis is further substantiated by two recent HDB resale transactions in the vicinity, which provide a limited yet relevant data point for comparative analysis. As the Serangoon area continues to evolve, stakeholders should remain vigilant, considering both macroeconomic factors and localized market signals that may impact future valuations and investment decisions.