5 Room (5I) HDB for Sale in 997A Buangkok Crescent

The valuation of the HDB 5-room flat in Serangoon, with a remaining lease of 90 years, is estimated at $800,415, translating to a price per square foot (PSF) of $658. This valuation is derived from a robust analytical framework, utilizing data from 142 recent HDB resale transactions in the vicinity, which underscores the reliability of this assessment. The model exhibits a high confidence level, indicating that the valuation is well-supported by prevailing market data and trends.

Significantly, the current market price reflects a mere 1.3% difference from the baseline, signaling a stable demand within the Serangoon area. The remaining lease of 90 years adds substantial value, as properties with longer leases typically command a premium due to their attractiveness to potential buyers. This stability in pricing, coupled with the area's desirability, suggests that the HDB market in Serangoon is maintaining its strength, making it a prudent investment for buyers looking to capitalize on long-term capital appreciation.