Premium HDB for Sale in 683B Edgedale Plains

The recent valuation of the HDB 4-room unit located in Serangoon, with a remaining lease of 91 years, is estimated at $684,158, translating to a price per square foot (PSF) of $683. This valuation positions the property significantly above the market average, demonstrating an impressive 11.1% premium compared to the baseline. Such a robust valuation reflects the strong demand and desirability of HDB properties in the Serangoon area, which is supported by a comprehensive analysis of 369 recent HDB resale transactions in the vicinity.

The high model confidence associated with this valuation suggests a strong alignment with current market dynamics. Factors contributing to this elevated valuation include the area's strategic location, proximity to key amenities, and the overall appeal of HDB living in Singapore. As the remaining lease stands at 91 years, prospective buyers are likely to find this tenure attractive, further reinforcing the property’s investment potential. In summary, this HDB unit not only represents a sound investment but also reflects the ongoing strength of the Singaporean property market, particularly in well-established neighborhoods like Serangoon.