3 Room (3A) HDB for Sale in 476A Upper Serangoon View

The valuation of the 3-room HDB unit in Serangoon, with a remaining lease of 87 years, is estimated at $490,282 or $680 per square foot. This positioning reflects a premium above the market baseline by 8.1%, indicating a strong demand for HDB properties in this desirable location. The elevated valuation can be attributed to several factors, including the unit's proximity to essential amenities, educational institutions, and efficient transportation links, which are highly sought after by prospective buyers.

The model confidence in this valuation is categorized as high, bolstered by data derived from 196 recent HDB resale transactions within the vicinity. Such a robust dataset provides significant insights into current market dynamics, suggesting that buyers are willing to pay a premium for properties that offer both longevity in lease and strategic location advantages. As the market continues to evolve, this HDB unit exemplifies the increasing value of well-located public housing in Singapore, particularly in neighborhoods like Serangoon that combine livability with investment potential.