Common Room (HDB) for Rent in 217B Sumang Walk

This analytical summary presents a valuation of a two-room HDB unit located in Serangoon, reflecting an estimated value of $78,151, which translates to a price per square foot (PSF) of $651. The remaining lease of 90 years provides a stable investment horizon, appealing to both first-time buyers and investors alike. Given the area's vibrant community and accessibility, this property demonstrates potential for future appreciation, albeit at a conservative rate given the current market signals.

Notably, the market price shows a 0% difference from the baseline, indicating that this valuation aligns closely with prevailing market conditions. However, the model confidence is categorized as low, signaling caution for potential buyers and investors. This valuation is derived from only two recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of market dynamics. Consequently, stakeholders are encouraged to consider broader market trends and additional data points when assessing the value and potential of this Serangoon property.