Executive HDB for Rent in 189C Rivervale Drive

The valuation of the HDB Executive in Serangoon at an estimated value of $1,041,627, equating to $739 PSF, reflects a stable market positioning with a current market price showing a 0% difference from the baseline. This indicates that the property is valued precisely in line with the prevailing market trends, suggesting a balanced demand and supply dynamic within this segment of the residential property market. With a remaining lease of 73 years, this property holds significant appeal for potential buyers who are increasingly drawn to the stability and longevity of HDB leases in Singapore.

Analyzing recent HDB resale transactions in the vicinity, which comprises 15 comparable sales, the model confidence is rated as medium. This level of confidence suggests that while there is a reliable basis for the valuation, fluctuations in buyer sentiment and local market conditions may still exert influence. As the Serangoon area continues to develop, the demand for such properties is likely to be sustained, which could enhance future valuations. Investors and homeowners alike should consider the intrinsic value of the remaining lease, as well as the broader market dynamics, when evaluating this property opportunity.