3 Room (3I) HDB for Sale in 4 Lorong Lew Lian

The HDB 3 Room property located in Serangoon presents an intriguing valuation scenario, with an estimated market value of $326,039, translating to $473 per square foot (PSF). This value reflects a significant premium, being approximately 38% above the baseline

The remaining lease of 50 years is a critical factor in the valuation, as properties with shorter leases typically experience diminished market appeal, particularly among potential buyers who prioritize long-term investment value. However, Serangoon’s strategic location and ongoing urban development initiatives bolster its desirability, potentially offsetting concerns associated with the lease length. The insights drawn from four recent HDB resale transactions in the vicinity indicate that while the market is buoyant, the current valuation may be influenced by unique property features or buyer sentiment rather than purely empirical metrics.