Common Room (HDB) for Rent in 131 Rivervale Street

The current valuation for the 2-room HDB flat in Serangoon stands at approximately $61,883, translating to a price per square foot (PSF) of $638. With a remaining lease of 72 years, this property occupies a critical position within the Singapore housing market, particularly in a region known for its accessibility and vibrant community. The estimated value reflects a market price with a 0% difference from the baseline, indicating a stable demand for HDB units in this locality.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily derived from only two recent resale transactions in the vicinity. This limited data set may suggest volatility or a lack of comparable sales that could more accurately inform the market dynamics. As the remaining lease approaches the mid-point of its lifespan, prospective buyers should consider both the implications of lease decay and the overall health of the HDB resale market in Serangoon, which remains a significant factor influencing future valuations.