Terraced House for Room Rent: 31 Leith Road

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 75 years, reflects a robust market environment with an estimated value of $102,019, translating to a price per square foot (PSF) of $680. This assessment indicates a well-aligned market price, showing a 0% difference from the baseline, suggesting that the property is accurately priced relative to similar transactions in the area. Such stability in pricing underscores the resilience of the HDB market in Serangoon, a region known for its vibrant community and accessibility.

The model confidence for this valuation is rated as high, bolstered by a comprehensive analysis of 379 recent HDB resale transactions in the vicinity. This extensive dataset not only enhances the credibility of the valuation but also highlights the competitive nature of the Serangoon market, where demand remains strong despite broader market fluctuations. As buyers increasingly seek properties with longer leases, this HDB unit's remaining lease of 75 years positions it favorably, appealing to both owner-occupiers and investors alike. In summary, the valuation reflects a harmonious balance of market dynamics and property fundamentals, reinforcing the attractiveness of Serangoon as a key area in Singapore's HDB landscape.