5 Room (5I) HDB for Sale in 406A Northshore Drive

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 93 years, has been estimated at $793,112, translating to a price per square foot (PSF) of $658. This valuation signals a robust market performance, as it stands 7.2% above the baseline, indicating a strong demand for HDB properties in this desirable district. Serangoon is known for its strategic location, accessibility to amenities, and a vibrant community, which significantly enhances the appeal of this property.

The model confidence for this valuation is rated as high, underscoring the reliability of the analysis based on 143 recent HDB resale transactions in the vicinity. This extensive data pool provides a solid foundation for assessing market trends and pricing dynamics. Given the substantial remaining lease of 93 years, this property not only offers a long-term investment potential but also positions itself favorably against other competing listings in the market, further solidifying its above-market valuation.