4 Room (4A) HDB for Sale in 408B Northshore Drive

The valuation of the HDB 4 Room property located in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $687,589 or $680 PSF. This figure is indicative of a robust demand in the area, suggesting that the property commands a price point significantly above the market average, with a variance of 10.5% from the baseline valuation. Such a premium is reflective of Serangoon's growing appeal among homebuyers, driven by its strategic location and accessibility to essential amenities.

Our model confidence for this valuation is categorized as high, supported by an extensive analysis of 376 recent HDB resale transactions within the vicinity. This high level of confidence underscores the reliability of the data and the strength of the market signals observed. The long remaining lease of 93 years further enhances the property’s attractiveness, as it offers prospective buyers a substantial period to enjoy the benefits of ownership without immediate concerns regarding lease expiry. In conclusion, this valuation not only highlights the property’s advantageous position within the competitive HDB market in Serangoon but also reflects the ongoing upward trend in property values in the region, making it a compelling investment opportunity.