6 Bed Corner Terrace (Landed) for Sale in 406 Fernvale Road

This valuation report focuses on an Executive HDB property located in the rapidly developing area of Sengkang. With a remaining lease of 75 years, the estimated value of this unit stands at $2,121,270, translating to a price per square foot (PSF) of $606. The valuation indicates a significant appreciation, as it is positioned 225.3% above the baseline market value, suggesting a robust demand for executive HDB flats in this locale.

The high model confidence rating indicates that the valuation is derived from a strong dataset, with insights gathered from 194 recent HDB resale transactions within the vicinity. This volume of transactions provides a comprehensive overview of market dynamics, highlighting Sengkang's desirability as an emerging residential hub. The enduring demand for larger living spaces, such as Executive HDB flats, coupled with the area's excellent connectivity and amenities, continues to drive prices upward, reinforcing the premium valuation of this particular property.