4 Room (4A) HDB for Sale in 408A Northshore Drive

The valuation of the HDB 4 Room unit located in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $695,251, equating to $688 per square foot (PSF). This valuation is supported by an extensive analysis of 362 recent HDB resale transactions within the vicinity, indicating a robust demand for residential properties in this sought-after locale. The current market price reflects a mere 1% deviation from the baseline, signaling a stable market environment that is both resilient and reflective of the area's enduring appeal.

The high model confidence associated with this valuation underscores the reliability of the data and market trends influencing the HDB sector in Serangoon. The remaining lease of 93 years plays a crucial role in enhancing the property’s attractiveness, as buyers typically favor longer leases which offer greater security and investment potential. Coupled with the favorable market dynamics, this valuation not only highlights the property’s intrinsic value but also positions it as a compelling investment opportunity within Singapore’s vibrant real estate landscape.