3 Room (3A) HDB for Sale in 164B Rivervale Crescent

The valuation of the HDB 3-room property in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $496,531, translating to a price per square foot (PSF) of $678. This valuation is particularly noteworthy as it reflects a market signal indicating a premium above the baseline, with a notable 6.7% difference. Such a discrepancy suggests a robust demand for HDB properties in this desirable district, often characterized by its strategic location and vibrant community amenities.

With model confidence rated as high, the valuation is reinforced by a comprehensive analysis of 192 recent HDB resale transactions in the vicinity, which provides a solid foundation for the estimated value. The current market dynamics indicate that properties in Serangoon, particularly those with substantial remaining leases, are maintaining their attractiveness among buyers, contributing to sustained price appreciation. As the demand for HDB flats continues to be buoyed by factors such as accessibility and community living, this valuation serves as a testament to the enduring appeal of Serangoon as a residential choice.