5 Bed Corner Terrace (Landed) for Sale in Serangoon Garden Estate

The valuation for the HDB Executive property located in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $4,632,303, equating to a price per square foot (PSF) of $694. This valuation represents a significant premium in the current market, with a striking 75.9% difference from the baseline valuation. Such a substantial deviation underscores the desirability and competitive nature of the Serangoon locale, particularly for HDB properties that offer a blend of space and accessibility.

The model confidence in this valuation is categorized as high, supported by a robust data set of 232 recent HDB resale transactions within the vicinity. This high level of confidence reflects the underlying market dynamics that favor well-located properties with longer remaining leases. As the demand for HDB homes continues to rise, particularly in mature estates like Serangoon, it is imperative to recognize the implications of lease duration on property value. The 75-year lease remaining on this executive unit positions it favorably in a market increasingly influenced by the balance of lease tenure, location, and demographic trends.