5 Room (5A) HDB for Sale in 409A Northshore Drive

The HDB 5 Room property located in Serangoon, with a remaining lease of 93 years, has been assessed at an estimated value of $789,896, translating to a price per square foot (PSF) of $655. This valuation places the property significantly above the market average, with an impressive 18.9% premium compared to baseline trends in the area. Such a premium indicates strong demand for HDB units in Serangoon, which is characterized by its strategic location and robust community amenities.

The model confidence for this valuation is classified as high, supported by a comprehensive analysis of 146 recent HDB resale transactions within the vicinity. This substantial dataset not only reinforces the valuation's accuracy but also highlights the underlying market dynamics influencing property prices in the region. With a considerable remaining lease, the long-term investment potential of this property remains promising, making it an attractive option for discerning buyers seeking stability and growth in their real estate portfolio.