Master Room (HDB) for Rent in 183B Rivervale Crescent

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $95,774, translating to a price per square foot (PSF) of $638. This valuation reflects the current market dynamics, showcasing a baseline price with a market signal indicating a 0% difference. Such stability suggests a balanced demand and supply scenario in the locality, which is critical for potential buyers assessing the long-term investment viability of HDB properties in Singapore.

It is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to fluctuations in valuation accuracy, thereby necessitating careful consideration by potential investors. Furthermore, the remaining lease of 74 years positions this property within a moderate leasehold category, which could attract a diverse range of buyers looking for affordable housing options in a well-established neighborhood. Stakeholders should remain vigilant of market trends and leasehold implications that could influence future property values.