4 Room (4A) HDB for Sale in 408 Serangoon Avenue 1

The valuation of the HDB 4 Room unit located in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $736,432, translating to a price per square foot (PSF) of $652. This valuation reflects a market signal that is positioned above the baseline by 11.3%, indicating a premium status in the current real estate landscape. The substantial difference from the baseline suggests a heightened demand for properties in this area, potentially driven by factors such as proximity to amenities, schools, and transport links that enhance the desirability of the Serangoon precinct.

However, it is critical to note that the model confidence surrounding this valuation is categorized as low, primarily due to the reliance on a limited dataset—specifically, only one recent HDB resale transaction in the vicinity. This scarcity of transactional data may introduce volatility into the valuation, as it does not fully encapsulate the broader market dynamics or the potential fluctuations in buyer sentiment. Investors and homeowners should consider these factors carefully, as the remaining lease of 61 years can also influence future resale potential, making it imperative to stay informed about market trends and developments in the area.