2 Room (2STD) HDB for Sale in 421A Northshore Drive

The valuation of the 2-room HDB in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $323,077, translating to a price per square foot (PSF) of $638. This valuation is notably above the market baseline, reflecting a significant 64% difference from typical market values. Such a premium valuation indicates heightened demand for HDB properties in this region, likely driven by the area's strategic location and the attractiveness of its amenities.

However, it is crucial to acknowledge that the model confidence for this valuation is rated as low, stemming from reliance on only two recent HDB resale transactions in the vicinity. This limited dataset suggests that while the current valuation may indicate strong market dynamics, the absence of a broader transactional base may render this assessment susceptible to fluctuations. Potential buyers and investors should therefore exercise caution, considering the potential for market volatility and ensuring a comprehensive understanding of local conditions before proceeding with any investment decisions.