5 Bed Corner Terrace (Landed) for Sale in Serangoon Garden Estate

The valuation of the HDB Executive apartment in Serangoon, with a remaining lease of 75 years, is currently estimated at $2,291,844, equating to $694 PSF. This valuation is noteworthy as it reflects a significant premium over the baseline market value, indicating a 140% increase. Such a substantial deviation from the baseline suggests that this property is highly sought after, driven by factors such as location desirability, community amenities, and overall market dynamics in the Serangoon area.

The model confidence for this valuation is categorized as high, supported by a robust analysis of 232 recent HDB resale transactions in the vicinity. This data underscores a consistent upward trajectory in property values, particularly for larger HDB units like executive apartments, which are increasingly appealing to families seeking more spacious living arrangements. The remaining lease of 75 years also positions this property favorably in the market, as it balances longevity with the increasing demand for HDB dwellings in Singapore's competitive real estate landscape.