Common Room (HDB) for Rent in 410A Northshore Drive

The valuation of the 2-room HDB unit in Serangoon, with a remaining lease of 95 years, stands at an estimated value of $76,619, translating to a price per square foot (PSF) of $638. This figure is indicative of the current market dynamics in the area, which is characterized by a stable pricing pattern, as evidenced by the 0% difference from the baseline market price. Such stability suggests a balanced demand and supply scenario within the local HDB market, making this property a potentially reliable investment for buyers seeking long-term stability.

However, it is essential to note that the model confidence in this valuation is categorized as low, which reflects the limited data available from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may impact the accuracy of the valuation and signals potential fluctuations in market sentiment. Buyers and investors should remain aware of these dynamics and consider the implications of the long remaining lease, which typically enhances the desirability of HDB units, especially in a vibrant location like Serangoon.