4 Room (4A) HDB for Sale in 221B Sumang Lane

The valuation of this HDB 4-room unit in Serangoon, with a remaining lease of 91 years, positions it at an estimated value of $697,895, translating to $697 per square foot. This valuation reflects a nuanced understanding of the current market dynamics and the intrinsic value of properties in this sought-after locale. Notably, the market price shows a modest deviation of 2.6% from the baseline, indicating a stable demand and a consistent buyer interest that underscores the resilience of the Serangoon property market.

Our analysis, supported by data from 368 recent HDB resale transactions in the vicinity, demonstrates a high model confidence in this valuation. The strong performance of the Serangoon area, characterized by its strategic location and robust community infrastructure, reinforces the attractiveness of this property. As the market continues to evolve, the remaining lease period of 91 years positions this HDB unit as a viable investment for both homeowners and investors looking to capitalize on the enduring appeal of HDB living in Singapore.