3 Bed Corner Terrace (Landed) for Rent in Serangoon Garden Estate

The HDB Executive property located in Serangoon, with a remaining lease of 75 years, has been appraised at an estimated value of $1,530,433, translating to $696 PSF. This valuation is particularly noteworthy as it reflects a market price that shows a 0% difference from the baseline, indicating a stable and resilient market sentiment in the area. Such stability suggests that the demand for HDB properties in Serangoon remains robust, supported by the ongoing appeal of the neighbourhood's amenities and connectivity.

Our analysis, grounded in data from 116 recent HDB resale transactions in the vicinity, underscores the high confidence level in this model's accuracy. The executive flat's valuation is reinforced by the inherent value of its 75-year lease, which is significant in the context of Singapore's property landscape where lease duration plays a critical role in determining market value. As the property market continues to navigate post-pandemic recovery, the resilience observed in Serangoon's HDB sector signals a promising outlook for both investors and homeowners alike.