3-Room HDB for Room Rent: 113 Rivervale Walk.

In the vibrant neighborhood of Serangoon, the valuation of a 3-room HDB flat reflects a nuanced intersection of market dynamics and property characteristics. With a remaining lease of 71 years, this property is currently estimated at $4,906, translating to a price per square foot of $545. This valuation positions the unit at a baseline market price, indicating a steady demand within the area, albeit with a noted lack of significant appreciation potential as suggested by the 0% difference from the baseline.

Market signals indicate a cautious sentiment, underpinned by a singular recent resale transaction in the vicinity, which has contributed to a model confidence rating classified as low. This suggests that while there is stability in pricing, the limited transactional data might not fully capture the broader market trends. Investors and potential buyers should consider the implications of a 71-year lease, as it is a critical factor influencing long-term equity and investment viability in Singapore's competitive real estate landscape.