Terraced House for Room Rent: With a Balcony! Easy access to Lorong Chuan MRT - Tai Hwan Terrace

The valuation of the HDB 2-room property located in Serangoon, with a remaining lease of 52 years, is estimated at $129,012, translating to $461 PSF. This valuation is positioned at the market price baseline, indicating a 0% difference, which suggests that the property is priced in line with current market trends. However, the model confidence is categorized as low, reflecting the inherent uncertainties in the market dynamics that influence HDB pricing, particularly given the limited data set of only two recent resale transactions in the vicinity.

The remaining lease of 52 years is a critical factor in the valuation, as the length of the lease significantly impacts buyer sentiment and property desirability. In Singapore's context, properties with shorter leases may face depreciation in value as they approach the end of their lease term. Therefore, while this property is currently aligned with market expectations, its attractiveness to potential buyers may vary, particularly among those who are sensitive to lease length. As such, prospective investors and homeowners should consider not only the current valuation but also the broader market signals and future trends that could affect property values in the Serangoon area.