3 Room (3A) HDB for Sale in 164B Rivervale Crescent

The valuation of the HDB 3-room unit located in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $496,531, equating to $678 PSF. This valuation signals a notable premium, being approximately 6.7% above the market baseline, which positions this property as an attractive prospect within the current real estate landscape. The high model confidence reflects the robustness of the data, with insights drawn from 192 recent HDB resale transactions in the vicinity, reinforcing the reliability of this valuation.

The dynamics of the HDB market in Serangoon exhibit a strong demand trajectory, particularly for properties with substantial remaining leases. The 88-year lease offers buyers a sense of security and longevity, making this unit appealing to both owner-occupiers and investors seeking stable, long-term returns. As the area continues to develop, with enhanced connectivity and amenities, the valuation not only illustrates current market sentiment but also suggests significant upside potential in the coming years, given the enduring desirability of the Serangoon precinct.