Terraced House for Room Rent: leith road

The valuation of the HDB 2 Room unit in Serangoon, with a remaining lease of 75 years, is estimated at $127,698, translating to a price per square foot of $638. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand amidst the broader housing landscape. The low confidence level in the model suggests that external market factors and the limited number of comparable transactions may influence the accuracy of this estimate.

Recent resale transactions in the vicinity, of which only two were considered, highlight the nuanced dynamics of the HDB market in Serangoon. These limited data points may lead to fluctuations in perceived value, especially as potential buyers weigh the properties' remaining lease terms against their long-term investment horizons. As the real estate landscape continues to evolve, stakeholders in the HDB market must remain vigilant to shifts in buyer sentiment and external economic conditions that could affect future valuations.