Common Room (HDB) for Rent in 981B Buangkok Crescent

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 74 years, presents a nuanced insight into the current market dynamics within this locale. The estimated value stands at $76,619, translating to a price per square foot (PSF) of $638. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable environment for HDB transactions in the area. The consistent pricing signals a balanced supply-demand scenario, essential for potential buyers and investors to consider.

However, the model confidence associated with this valuation is categorized as low, derived from a limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparable transactions may suggest potential volatility or lack of liquidity in the market, emphasizing the importance of thorough due diligence. As the remaining lease of 74 years is a critical aspect of HDB valuations, it’s crucial to monitor how such lease durations influence buyer sentiment and long-term investment strategies in an evolving Singapore property landscape.