Common Room (Landed) for Rent in Kovan Road

The valuation of the HDB 2-room unit in Serangoon, positioned at an estimated value of $100,562 or $670 PSF, reflects a stable market condition with a market price deviation of 0% from the baseline. This neutrality suggests that the unit is currently priced in alignment with prevailing market sentiments, indicating a balanced demand and supply scenario within the region. Such stability is essential in an evolving real estate landscape, particularly for HDB properties, where lease tenure significantly impacts valuation.

With a remaining lease of 75 years, this property retains a substantial duration that supports its marketability and investment potential. However, it is crucial to note the low model confidence associated with this valuation, which is derived from only two recent HDB resale transactions in the vicinity. This limited data set may not fully encapsulate the broader market dynamics and fluctuations, underscoring the need for potential buyers to conduct thorough due diligence. As such, while the current valuation appears stable, prospective investors should remain vigilant and consider the long-term implications of lease duration in their decision-making process.