4 Room (4A) HDB for Sale in 407 Serangoon Avenue 1

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $795,527, translating to a price per square foot (PSF) of $711. This valuation indicates a modest 4.5% deviation from the baseline market price, suggesting a slight premium attributed to the property’s location and potential desirability within the Serangoon district. Such a premium can often reflect the local demand dynamics, influenced by nearby amenities, transport links, and overall neighborhood appeal.

However, it is essential to note that the model confidence for this valuation is classified as low, which indicates a degree of uncertainty in the market signals derived from the recent sales data. The analysis is based on six recent HDB resale transactions in the vicinity, highlighting a potentially volatile market environment. As the remaining lease of 61 years may impact buyer sentiment, prospective investors should carefully consider the implications of leasehold status on long-term value retention and market positioning.