3 Room (3A) HDB for Sale in 221B Sumang Lane

The valuation of the HDB 3-room unit located in the highly sought-after Serangoon area reflects a premium positioning within the current market landscape. With an estimated value of $529,913 or $694 PSF, this property is assessed at a remarkable 5.7% above the market baseline. Such a premium indicates strong demand and competitive pricing dynamics, especially given the remaining lease of 90 years, which provides a substantial security for potential buyers in terms of future resale value and living tenure.

Our analysis is informed by a robust dataset comprising 196 recent HDB resale transactions in the vicinity, yielding a high confidence rating in this valuation model. This confidence is underscored by the ongoing desirability of Serangoon, a neighborhood known for its well-established amenities, proximity to transport networks, and community-centric environment. As the market signals continue to indicate upward trends, this HDB unit stands out as a notable investment opportunity for discerning buyers seeking to capitalize on the prevailing dynamics in Singapore's residential real estate market.