3 Room (3I) HDB for Sale in 305 Serangoon Avenue 2

The valuation of the HDB 3 Room unit located in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $382,785 or $593 PSF. This figure positions the property above the current market baseline by approximately 11.8%, indicating a premium valuation compared to similar properties in the vicinity. Such a notable uplift may suggest a strong demand for housing in this region, reflecting both the desirability of the Serangoon area and the potential for future appreciation in values.

However, it is important to note that the model confidence for this valuation is categorized as low, based on an analysis of only five recent HDB resale transactions in the area. This limited dataset may introduce volatility in price trends and could be influenced by various market dynamics, including demographic shifts, infrastructure developments, and overall economic conditions. Prospective buyers should consider these factors carefully, particularly with the remaining lease period, as properties with shorter leases typically face greater scrutiny in valuation and may impact long-term investment returns.