3 Room (3A) HDB for Sale in 476A Upper Serangoon View

The valuation of the HDB 3-room unit in Serangoon, with a remaining lease of 87 years, stands at an estimated value of $490,282, translating to a price per square foot (PSF) of $680. This valuation positions the property above the current market baseline by 8.1%, indicating a strong demand and desirability in this sought-after residential enclave. The high model confidence, derived from an analysis of 196 recent HDB resale transactions within the vicinity, reinforces the credibility of this valuation.

Serangoon has consistently demonstrated resilience in the HDB market, driven by its strategic location, robust infrastructure, and a vibrant community atmosphere. The substantial remaining lease of 87 years further enhances the appeal of this property, as it mitigates concerns related to lease decay that often impact older HDB units. As the demand for quality housing continues to outstrip supply in this area, the above-market valuation reflects not only the intrinsic value of the property but also a positive trajectory in the local real estate market dynamics.