5 Room (5I) HDB for Sale in 233C Sumang Lane

The valuation of the HDB 5 Room unit in Serangoon, with a remaining lease of 90 years, stands at an estimated value of $806,543, translating to a price per square foot (PSF) of $663. This valuation is underpinned by a robust market analysis, drawing from 131 recent HDB resale transactions in the vicinity, which provides a strong data foundation for this assessment. The current market price reflects a mere 2.3% deviation from the baseline, indicating a stable and competitive marketplace for HDB properties in this popular district.

With a model confidence level rated as high, this valuation is not only reliable but also indicative of prevailing market dynamics. The 90-year lease period significantly enhances the appeal of this property, as it aligns with the preferences of buyers who prioritize longer-term investments in real estate. In a landscape where HDB properties are sought after for their affordability and potential for appreciation, this Serangoon unit is positioned favorably to attract discerning buyers looking for both comfort and value in their housing choices.