5 Room (5I) HDB for Sale in 420 Serangoon Central

The valuation of the HDB 5 Room property in Serangoon, with a remaining lease of 61 years, reflects a robust market position, with an estimated value of $743,131, translating to $571 per square foot (PSF). This valuation places the property significantly above the market baseline, indicating a remarkable 46.4% premium. Such a deviation from typical pricing trends suggests a strong demand for HDB units in this desirable locale, driven by Serangoon’s strategic location, access to amenities, and community appeal.

With high model confidence derived from an analysis of 146 recent HDB resale transactions in the vicinity, the data underscores a compelling narrative of market resilience. The sustained interest in Serangoon, characterized by its vibrant neighborhood and proximity to essential services, positions this property as an attractive investment. The remaining lease of 61 years, while a consideration for some buyers, is counterbalanced by the current market dynamics that favor premium pricing, thereby affirming the property’s valuation as not only justified but reflective of broader trends within Singapore's competitive real estate landscape.