Terraced House for Room Rent: Common room in a terrace house, coliving unit @ 39 Quemoy Road!

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 75 years, is estimated at $53,633, translating to a price per square foot (PSF) of $670. This valuation is particularly noteworthy given the current market signal which indicates a 0% variance from the baseline, suggesting that the property is priced at market equilibrium. Such stability in pricing reflects a balanced supply and demand dynamic in the Serangoon area, which is known for its accessibility and community amenities.

However, the model confidence for this valuation is classified as low, primarily due to the limited dataset from only two recent HDB resale transactions in the vicinity. This scarcity of transaction data may hinder the robustness of the analysis, indicating that while the current valuation aligns with market trends, it should be approached with caution. As the remaining lease is a significant factor in HDB valuations, potential buyers and investors should consider the implications of the lease term on future resale potential and overall investment viability.