5 Room (5A) HDB for Sale in 406A Northshore Drive

The valuation of the HDB 5-room unit located in the highly sought-after Serangoon area stands at an estimated value of $803,755, translating to a price per square foot (PSF) of $667. With a remaining lease of 93 years, this property is positioned favorably within the market, evidencing robust demand for HDB units in this vibrant district. The valuation notably exceeds the baseline market price by 16.8%, indicating a strong market signal that reflects the desirability of this location.

This valuation is underpinned by a comprehensive analysis of 132 recent HDB resale transactions in the vicinity, which reinforces the model's high confidence level. The elevated price point can be attributed to several key factors, including the area's strategic connectivity, proximity to essential amenities, and the overall appeal of Serangoon as a family-friendly neighborhood. Such dynamics not only enhance the investment potential of this property but also highlight the resilience of the HDB market amid fluctuating economic conditions.