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

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 93 years, stands at approximately $804,422, translating to a price per square foot of $667. This significant valuation reflects a market signal that is notably above the baseline, with a substantial 14.4% premium compared to comparable transactions. This above-market positioning suggests a robust demand for HDB properties in this highly sought-after district, indicating a strong buyer interest that drives prices beyond standard expectations.

The model confidence in this valuation is classified as high, derived from an analysis of 132 recent HDB resale transactions within the vicinity. The data points to a consistent trend where properties in Serangoon are attracting higher valuations due to their strategic location, accessibility to amenities, and overall desirability. As the remaining lease extends to 93 years, this property benefits from a favorable lease tenure, making it an attractive option for both homebuyers and investors looking to capitalize on the long-term potential of this vibrant neighborhood.