5 Room (5I) HDB for Sale in 208 Serangoon Central

The valuation of the HDB 5-room property located in Serangoon, with a remaining lease of 58 years, has been pegged at an estimated value of $667,417, translating to approximately $508 per square foot. This valuation is notably above the market baseline, reflecting a substantial 48% premium, which underscores the property's desirability amidst current market dynamics. Such a significant deviation from the baseline indicates robust demand in the Serangoon area, driven by factors such as its strategic location, accessibility to amenities, and the overall appeal of the neighborhood.

Our analysis, grounded in a comprehensive review of 40 recent HDB resale transactions in the vicinity, reveals a high model confidence level in this valuation. The property’s remaining lease of 58 years presents a unique position in the market, with buyers increasingly valuing properties that offer both longevity and potential for appreciation. As the landscape of HDB resale transactions continues to evolve, this valuation serves as a critical indicator of market sentiment, suggesting a strong inclination towards well-located properties that promise both lifestyle and investment returns.