5 Room (5A) HDB for Sale in 135 Serangoon North Avenue 2

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $682,109, translating to a price per square foot (PSF) of $524. This figure indicates a notable market signal, reflecting a valuation that is approximately 17.3% above the baseline. Such a premium suggests a robust demand for HDB properties in this region, driven by various factors including proximity to amenities, established schools, and efficient transportation links that characterize Serangoon.

However, it is essential to approach this valuation with caution, as the model confidence is rated low. This assessment is based on a limited dataset of only four recent HDB resale transactions within the vicinity, which may not fully capture the nuances of the local market dynamics. The disparity between the estimated value and the baseline signals potential volatility, suggesting that buyers and investors should conduct comprehensive due diligence before engaging in transactions. The remaining lease of 61 years also warrants consideration, as it may impact future resale potential and value appreciation, particularly in a market increasingly focused on lease tenure.