Common Room (HDB) for Rent in 122E Rivervale Drive

The valuation of the 4-room HDB in Serangoon, with a remaining lease of 73 years, stands at an estimated value of $40,529, translating to a price per square foot (PSF) of $675. This figure aligns closely with the current market baseline, indicating a market price differential of 0%. Such stability in valuation suggests a strong, consistent demand for HDB properties within this locale, reinforcing Serangoon's reputation as a desirable living area.

Our analysis is underpinned by a robust dataset comprising 376 recent HDB resale transactions in the vicinity, which enhances the reliability of this valuation. The high model confidence level indicates that the current market dynamics remain favorable, with limited volatility observed in recent transactions. The remaining lease term of 73 years is particularly significant, as it balances the property’s longevity with buyer perceptions of value retention. As Singapore's real estate market continues to evolve, this HDB offering in Serangoon exemplifies the resilience and enduring appeal of HDB living in a prime district.