Executive HDB for Rent in 136 Rivervale Street

The valuation of the HDB Executive apartment in Serangoon, with a remaining lease of 70 years, stands at an estimated value of $1,026,075, translating to a price per square foot (PSF) of $681. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand in the region. Such equilibrium suggests that the property is competitively positioned within the current market, especially given the relatively low variability in pricing observed in recent transactions.

Our analysis is based on 13 recent HDB resale transactions in the vicinity, which reinforces the confidence in this valuation, albeit at a medium confidence level. The stability of the market signals a potentially healthy appetite for HDB properties in Serangoon, driven by its strategic location and robust community amenities. Moreover, the remaining 70 years of leasehold provides a reassuring buffer for prospective buyers, allowing for a sustained investment horizon. As the market continues to evolve, this property stands as a testament to the enduring appeal of HDB living in one of Singapore’s sought-after districts.