Common Room (HDB) for Rent in 413 Serangoon Central

In the current property landscape of Singapore, the valuation of the HDB 2 Room unit in Serangoon stands at an estimated value of $55,640, translating to a price per square foot (PSF) of $556. With a remaining lease of 61 years, this property’s valuation reflects a nuanced understanding of both the micro and macroeconomic factors influencing the HDB market. The stability of the estimated value, with a market price showing a 0% difference from the baseline, indicates a balanced demand and supply dynamic within the Serangoon area.

However, it is essential to note the model confidence in this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of transactions may indicate a cautious market sentiment, where potential buyers and sellers are closely monitoring prevailing trends before making significant decisions. As we navigate through the evolving landscape of HDB properties, the interplay between lease tenure and market dynamics will remain a critical focal point for both investors and homeowners alike.