Master Room (HDB) for Rent in 114 Serangoon North Avenue 1

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $90,692, translating to a price per square foot (PSF) of $504. This valuation reflects the current market conditions, where the property exhibits a 0% difference from the baseline market price, indicating a stable pricing environment within the locality. The analysis is grounded in recent market activity, drawing on two comparable HDB resale transactions in the vicinity that serve as benchmarks for this valuation.

However, it is crucial to note that the model confidence for this valuation is classified as low, suggesting that external factors or limited transaction data may be influencing market perceptions and price stability. With the remaining lease being a significant aspect of HDB properties, prospective buyers should consider the implications of the remaining lease duration on long-term investment value and potential resale opportunities. As Singapore's property market continues to evolve, understanding local dynamics and lease tenures will be essential for making informed decisions in the residential HDB segment.