5 Room (5I) HDB for Sale in 422A Northshore Drive

The valuation of the HDB 5 Room property located in the highly sought-after Serangoon area stands at an estimated value of $800,415, translating to a robust $658 per square foot (PSF). This valuation is notably positioned 37.4% above the baseline, indicating a strong demand for residential units within this locality. Such a premium reflects the area’s desirability, supported by its comprehensive amenities, access to public transport, and overall urban appeal that attracts families and professionals alike.

The property boasts a remaining lease of 93 years, a significant factor that enhances its attractiveness to potential buyers, as a longer lease typically correlates with increased valuation and market interest. Our analysis, grounded in data from 142 recent HDB resale transactions in the vicinity, yields a high confidence level in this valuation model. The current market dynamics suggest a sustained upward trajectory in property values in Serangoon, driven by both intrinsic property attributes and external economic factors, making this an opportune investment in Singapore’s competitive real estate landscape.