5 Room (5A) HDB for Sale in 406A Northshore Drive

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $807,572, translating to a price per square foot (PSF) of approximately $670. This valuation is indicative of a robust demand in the local real estate market, positioning the property above the baseline market value by 16.3%. The analysis is underpinned by a high level of model confidence, reflecting the reliability of the data derived from 134 recent HDB resale transactions in the vicinity.

Serangoon's HDB market dynamics are characterized by a strong appreciation trend, driven by its strategic location and the area's comprehensive amenities. The significant premium in the property's valuation suggests a competitive bidding climate, likely fueled by both owner-occupiers and investors seeking to capitalize on the area's growth potential. With a remaining lease of 93 years, this property not only offers a secure tenure but also appeals to buyers looking for long-term investment stability. As such, this valuation serves as a testament to the enduring desirability of Serangoon in Singapore's evolving real estate landscape.