Terraced House for Room Rent: Private Ensuite Room near NEX Shopping Mall & MRT

The HDB 2-room unit located in Serangoon, with a remaining lease of 75 years, has an estimated value of $201,125, translating to a price per square foot (PSF) of $670. This valuation reflects a market price that is in equilibrium, indicating a 0% difference from the baseline. Such stability in pricing suggests a well-balanced demand and supply dynamic in the Serangoon area, often characterized by its attractive amenities and proximity to key transport links.

However, the model confidence is rated as low, which points to potential volatility in the pricing due to the limited dataset, comprising only two recent HDB resale transactions within the vicinity. This scarcity of data may result in fluctuations in market sentiment, affecting future valuations. Investors and potential buyers should consider these dynamics carefully, especially in relation to the remaining lease of the property, which plays a crucial role in long-term investment viability and resale potential.