Room Terraced House (Landed) for Rent in Nanyang Park

The valuation of the HDB 2-room unit located in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $127,698, translating to a price per square foot of $638. This valuation reflects a market price that is consistent with the baseline, indicating stability in the current market conditions for similar properties in the area.

However, it is crucial to note that the model confidence for this valuation is rated as low. This is primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. As such, the valuation may be influenced by broader market dynamics that are not fully captured in this analysis. Investors and potential buyers should consider the remaining lease of the property, as it plays a significant role in its long-term value and marketability. The Serangoon area has traditionally been a sought-after location, which could provide a buffer against potential market fluctuations.