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

In the current property landscape of Singapore, the valuation of a 4-room HDB unit in Serangoon, with a remaining lease of 61 years, presents a noteworthy case study. The estimated value of $758,632, translating to approximately $684 per square foot, reflects a modest appreciation in a region characterized by stable demand and a generally resilient market. This valuation indicates a 2.7% deviation from the baseline market price, suggesting that while this unit is competitively priced, it may be positioned slightly above the average for comparable properties within the vicinity.

Despite the seemingly positive market signal, the model confidence rating of low warrants careful consideration. This classification stems from the limited dataset comprised of only six recent HDB resale transactions in the area, which may not fully encapsulate the broader market trends or fluctuating buyer sentiments. The remaining lease of 61 years could also impact future resale potential, especially as prospective buyers increasingly weigh the implications of lease duration on long-term investment viability. Overall, while the Serangoon market remains attractive, stakeholders should exercise caution and conduct further due diligence before proceeding with transactions.