4 Room (4A) HDB for Sale in 217B Sumang Walk

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 89 years, stands at an estimated value of $689,898, translating to a price per square foot (PSF) of $697. This valuation is indicative of the current market conditions and reflects a marginal deviation of only 0.7% from the baseline market price, suggesting a stable pricing environment in the vicinity. Such resilience in pricing is underpinned by ongoing demand for HDB properties in the area, driven by its strategic location and robust community amenities.

Our model boasts a high confidence level, derived from an extensive analysis of 373 recent HDB resale transactions within the same locality. This strong dataset supports the valuation's credibility and highlights the competitive landscape of the Serangoon region. The remaining lease of the property, at 89 years, positions it favorably for potential buyers, as longer leases typically enhance perceived value and marketability, particularly in a thriving market where lease duration is a significant consideration for homeowners and investors alike.