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

The subject property, a 2-room HDB flat located in the Serangoon area, presents a valuation of $90,692, reflecting a price per square foot (PSF) of $504. With a remaining lease of 58 years, this property sits at a crucial juncture where both the lease duration and local market dynamics significantly influence its valuation. Given the current market price aligns closely to the baseline—exhibiting a 0% difference—it suggests a stable yet cautious sentiment among buyers and sellers alike in this segment of the HDB market.

However, the model confidence for this valuation remains classified as low, indicating potential volatility in the pricing due to limited comparative data. The assessment draws from only two recent HDB resale transactions within the vicinity, highlighting the need for a broader dataset to enhance predictive accuracy. As the Serangoon area continues to evolve, with its strategic location and community amenities, market participants should remain vigilant to shifts in buyer preferences, particularly concerning leasehold properties as they approach the halfway mark of their lease term.