4 Room (4STD) HDB for Sale in 246 Serangoon Avenue 3

The valuation of the 4-room HDB unit in Serangoon, with an estimated value of $641,935 or $710 PSF, reflects the current dynamics of Singapore's public housing market. With a remaining lease of 58 years, this property provides a reasonable investment opportunity, albeit with its lease nearing the mid-term mark. Such remaining tenure may influence buyer sentiment, particularly among families and investors who prioritize longer lease terms for their long-term planning.

Market signals indicate a 1.9% difference from the baseline, suggesting a slight premium over comparable properties. However, the model confidence is categorized as low, largely due to the limited data available from only one recent resale transaction in the vicinity. This scarcity of transactional data may introduce variability in pricing and indicate potential fluctuations in demand relative to supply. As such, prospective buyers should carefully consider these market dynamics and the implications of lease duration when evaluating this property.