Terraced House for Room Rent: Lorong Lew Lian

The valuation of the HDB 2-room property located in Serangoon indicates an estimated market value of $135,126, translating to a price per square foot (PSF) of $541. With a remaining lease of 61 years, this property holds significant potential for both current homeowners and investors alike, as the lease duration remains substantial enough to assure future resale opportunities. However, it is essential to note that the model confidence level for this valuation is categorized as low, suggesting that the estimated value may be influenced by fluctuating market dynamics and the limited data available for analysis.

The market signal reflects a stable position, with a 0% difference from the baseline, implying that the current valuation aligns closely with prevailing market trends for similar properties in the area. This could suggest a balanced demand-supply scenario within the Serangoon region, as supported by the analysis of just two recent HDB resale transactions in the vicinity. Investors and potential buyers should remain vigilant, as the market environment may evolve, impacting both leasehold values and overall market demand.