4 Room (4NG) HDB for Sale in 211 Serangoon Avenue 4

The valuation of the 4-room HDB unit located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $531,886, translating to $531 PSF. This valuation is notably above the market baseline, reflecting a significant 31.6% premium. Such a premium indicates a robust demand for HDB properties in the Serangoon area, which is characterized by its strategic location and established community amenities, making it a sought-after residential choice among homebuyers.

Analyzing the market dynamics, this valuation is based on data from 12 recent HDB resale transactions within the vicinity, providing a credible basis for the current market conditions. The medium confidence level associated with this valuation suggests that while the data supports a higher valuation, fluctuations in the market could influence future price trajectories. The remaining lease of 57 years is a critical factor, as it plays a significant role in buyer sentiment and investment potential, particularly in an evolving real estate landscape where leasehold properties are increasingly scrutinized for their longevity and resale viability.