Studio Terraced House (Landed) for Rent in Sunshine Terrace

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $209,170, translating to a price per square foot of $670. This valuation reflects a steady market condition, with a market price exhibiting a 0% difference from the baseline, indicating equilibrium in buyer and seller expectations. The stability observed in this pricing is particularly noteworthy given the backdrop of fluctuating market trends in the HDB sector, which have been influenced by various economic factors.

It is important to highlight that this valuation is derived from only two recent resale transactions in the vicinity, leading to a model confidence rating classified as low. This suggests that while the current valuation aligns with recent sales activity, the limited data set may not fully encapsulate the broader market dynamics at play. As such, potential buyers and investors should exercise caution and consider additional market indicators and local developments when assessing the viability of this property. With the remaining lease of 75 years, the property does present a favorable long-term investment opportunity, particularly in the context of Serangoon's evolving real estate landscape.