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

The valuation of the HDB 5 Room property located in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $800,731, translating to a price per square foot (PSF) of $664. This valuation reflects a significant market signal, indicating an upward trend with a deviation of 17.3% above the baseline market value. Such a premium suggests a robust demand for HDB properties in this sought-after locale, driven by factors such as proximity to essential amenities, well-established transport networks, and the overall desirability of the Serangoon neighborhood.

Our analysis is grounded in high model confidence, supported by data from 137 recent HDB resale transactions in the vicinity. This extensive dataset reinforces the credibility of the valuation, suggesting that buyers are willing to invest above the market norm for properties in this area, likely due to the favorable remaining lease period and the enduring appeal of HDB living in Singapore. As the property market continues to evolve, this valuation underscores the critical importance of location and lease tenure in determining property worth, which is essential for prospective buyers and investors alike.