5 Room (5I) HDB for Sale in 409A Northshore Drive

The valuation of the HDB 5 Room unit located in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $794,216 or $659 PSF. This valuation is indicative of a robust demand within the Serangoon area, reflecting a market signal that is 12.1% above the baseline. Such a premium over the baseline suggests that this property is not only appealing in terms of its size and remaining lease but also benefits from the vibrant community infrastructure and accessibility that Serangoon offers.

The model confidence in this valuation is rated as high, supported by a comprehensive analysis of 144 recent HDB resale transactions in the vicinity. This dataset not only reinforces the credibility of the estimated value but also highlights the underlying market dynamics that contribute to the sustained interest in HDB properties within this locale. The combination of a lengthy remaining lease and a competitive pricing strategy positions this property favorably for potential buyers who are navigating the intricate landscape of Singapore's real estate market.