Terraced House for Room Rent: Air-Conditioned Dormitory for Workers

The valuation of the HDB 3-room unit located in Serangoon reflects a robust market positioning with an estimated value of $573,538, translating to a price per square foot of $717 PSF. This valuation holds particular significance given the remaining lease of 75 years, which offers prospective buyers a substantial tenure in an area known for its family-friendly environment and proximity to essential amenities. Such attributes contribute positively to the desirability of the property, fostering a stable market sentiment.

Current market dynamics reveal a noteworthy signal, with the property’s estimated value showing a 0% difference from the baseline, indicating a balanced market condition without excessive inflationary pressures. The model confidence is rated high, underscoring the reliability of the valuation, which is supported by a comprehensive analysis of 202 recent HDB resale transactions in the vicinity. This data-driven insight not only affirms the property’s competitive pricing but also highlights the enduring appeal of Serangoon as a sought-after residential locale within Singapore’s vibrant property landscape.