HDB Executive for Room Rent: 189A Rivervale Drive.

In the dynamic landscape of Singapore's real estate market, the valuation of the HDB Executive in Serangoon presents a nuanced perspective on current housing trends. With a remaining lease of 71 years, this property is estimated at $140,883, which translates to a price per square foot (PSF) of $704. This valuation aligns closely with the market baseline, indicating a 0% difference, suggesting a stabilization in pricing amidst fluctuating market conditions. The model confidence for this assessment is rated as medium, reflecting a balanced reliance on recent sales data while acknowledging potential variances in future market performance.

The analysis is grounded in a comprehensive review of 15 recent HDB resale transactions within the vicinity, highlighting the competitive dynamics at play. This localized data not only enhances the credibility of the valuation but also underscores the resilience of the Serangoon area as a desirable residential enclave. As the property market continues to adapt to external economic influences and policy changes, the stability of this HDB Executive's pricing may serve as an important indicator for both buyers and investors navigating the ever-evolving landscape of Singapore's public housing sector.