5 Room (5I) HDB for Rent in 406B Northshore Drive

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $793,833, translating to a robust $658 per square foot (PSF). This valuation is notably stable, reflecting a market price that exhibits a 0% difference from the baseline. Such stability suggests a balanced demand and supply scenario in this desirable residential enclave, often favored by families and young professionals seeking proximity to urban amenities.

The model confidence for this valuation is classified as high, derived from a comprehensive analysis of 142 recent HDB resale transactions in the vicinity. The sustained interest in Serangoon, characterized by its strategic location and well-established infrastructure, plays a significant role in reinforcing property values. As the remaining lease extends to 93 years, potential buyers can find reassurance in the long-term viability of their investment, further solidifying the attractiveness of this property in a competitive market landscape.