4 Room (4A) HDB for Sale in 411 Serangoon Central

This analytical summary evaluates the valuation of a 4-room HDB unit located in the Serangoon district, which boasts a remaining lease of 61 years. The estimated value of the property stands at $778,173, translating to a price per square foot (PSF) of $682. This valuation indicates a significant premium over the baseline market value, with a striking 14.1% difference that suggests a robust demand for HDB properties within this sought-after locale.

However, it is crucial to note that the model confidence for this valuation is classified as low, underscoring the inherent market volatility and the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This lack of extensive market data may affect the reliability of the valuation, especially in a dynamic market like Singapore's, where external economic factors and buyer sentiment can play pivotal roles. Therefore, potential investors and stakeholders should approach this valuation with a nuanced understanding of the local market dynamics and the implications of the remaining lease on the property's long-term investment viability.