5 Room (5I) HDB for Sale in 117 Serangoon North Avenue 1

The subject property, a 5-room HDB unit located in the sought-after Serangoon estate, is currently valued at $661,334, translating to a price per square foot (PSF) of $508. With a remaining lease of 57 years, this property is positioned within a competitive market landscape, showcasing a significant market signal indicating that it stands 13.2% above the baseline valuation. This premium valuation reflects both the desirability of the location and the robust demand for HDB flats in this region.

Our valuation is supported by a comprehensive analysis of 146 recent HDB resale transactions in the vicinity, which underscores the high confidence level of this estimate. The Serangoon area benefits from strong infrastructural connectivity and a vibrant community, further enhancing its appeal to potential buyers. As the market dynamics continue to evolve, this property not only represents a sound investment opportunity but also encapsulates the growing demand for quality HDB living spaces in Singapore.