5 Room (5I) HDB for Sale in 532 Serangoon North Avenue 4

The HDB 5 Room property located in Serangoon, with a remaining lease of 63 years, presents a compelling valuation of approximately $756,486, translating to a price per square foot (PSF) of $576. This valuation reflects a robust confidence level, attributed to a thorough analysis of 63 recent HDB resale transactions in the vicinity, which serve to reinforce the accuracy of this estimate. The model's high confidence rating indicates a strong alignment with prevailing market sentiments and price trends.

A notable aspect of this valuation is the current market price, which exhibits a 4.2% deviation from the baseline, suggesting a competitive positioning within the local real estate landscape. This slight premium is indicative of the demand dynamics in Serangoon, an area known for its vibrant community and accessibility to amenities. The remaining lease of 63 years is also a critical factor, as it balances the property’s investment potential with the typical concerns around leasehold properties in Singapore. Overall, this valuation not only underscores the stability of the HDB market in Serangoon but also highlights the enduring appeal of well-located properties with significant remaining leases.