4 Room (4A) HDB for Sale in 256D Sumang Walk

The valuation of the HDB 4-room unit in Serangoon, with an estimated value of $697,563, reflects a robust market position characterized by a price per square foot (PSF) of $697. This valuation is notably supported by a remaining lease of 89 years, positioning the property favorably amongst buyers who prioritize long-term investment stability and potential for appreciation in a highly sought-after area. Given that this valuation aligns closely with the baseline market price, indicating only a 0.4% variance, it underscores the property’s competitive standing within the current landscape of HDB resale transactions.

The analysis is grounded in a comprehensive review of 373 recent HDB resale transactions in the vicinity, which enhances the model's confidence in this valuation to a high degree. The data indicates a resilient demand for HDB units in Serangoon, suggesting that buyers are increasingly drawn to the area for its accessibility, community amenities, and the intrinsic value of long lease tenures. As such, this valuation not only reflects the property’s physical attributes but also signals a broader trend in the market where properties with longer leases continue to attract premium pricing, reinforcing the desirability of HDB living in this vibrant neighborhood.