1 Room HDB for Sale in 215 Serangoon Avenue 4

The valuation of the HDB 2 Room unit located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $364,148, translating to a price per square foot (PSF) of $505. This figure represents a notable market signal, being positioned 51% above the baseline valuation. Such a premium suggests a strong demand for residential properties in this vibrant district, often favored for its strategic location and proximity to essential amenities.

However, it is essential to interpret this valuation with caution due to the low model confidence, which indicates that the projected value may be influenced by limited data points. The analysis is based on only two recent HDB resale transactions in the vicinity, underscoring the potential volatility in the Serangoon market. Buyers and investors should consider the implications of the remaining lease on the property's long-term value, particularly in light of Singapore’s unique HDB leasehold system, which can significantly affect market dynamics over time.