5 Bed Terraced House (Landed) for Sale in Fengli Gardens

The HDB Executive property located in Serangoon, boasting a remaining lease of 64 years, presents an estimated value of $1,946,231, translating to $608 PSF. This valuation is notably marked as being above the market average, with a striking 162% difference from the baseline. Such a premium valuation underscores the strong demand and competitive sentiment within the Serangoon district, which is characterized by its strategic location and robust community amenities.

Our analysis, based on 60 recent HDB resale transactions in the vicinity, reflects a high confidence level in this valuation model. The elevated price point can be attributed to several market dynamics, including the desirability of the Serangoon area, which continues to attract both buyers and investors. The remaining lease period of 64 years is also a significant factor, as it offers a balance between long-term occupancy potential and investment security, appealing particularly to families seeking stability in their housing choices. With the current market trends favoring HDB properties in well-established neighborhoods, this executive flat stands as a prime example of premium residential real estate in Singapore.