Common Room (HDB) for Rent in 204 Serangoon Central

This analytical summary evaluates the valuation of a 4-room HDB unit located in the vibrant Serangoon area, which boasts a remaining lease of 58 years. The estimated value of this property is pegged at $101,433, translating to a price per square foot (PSF) of $564. This valuation reflects a market signal with a 0% difference from the baseline, indicating a stable pricing environment within the locality. The high model confidence, derived from an extensive analysis of 376 recent HDB resale transactions, reinforces the reliability of this valuation.

The current market dynamics in Serangoon suggest a steady demand for HDB properties, particularly given the area’s strategic location and amenities. With a remaining lease of 58 years, this property remains appealing to potential buyers who recognize the long-term value and investment potential associated with HDB living in Singapore. This valuation not only illustrates the resilience of the Serangoon HDB market but also underscores the importance of lease tenure in influencing buyer sentiment and pricing strategy.