4 Bed Corner Terrace (Landed) for Sale in Parry Green

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $1,665,622, translating to $666 PSF. This valuation is notably positioned above the market average, reflecting a striking 170.2% difference from the baseline. Such a premium indicates a robust demand in this locality, driven by Serangoon's established reputation as a desirable residential area, characterized by its accessibility and proximity to essential amenities.

With a model confidence level classified as high, this valuation is substantiated by an extensive analysis of 379 recent HDB resale transactions within the vicinity. The elevated price point suggests a strong market sentiment, where buyers are willing to invest significantly more than the baseline value, likely due to the area's attractive features and potential for future appreciation. As we observe the dynamics of the HDB market in Singapore, this case exemplifies the interplay between remaining lease tenure and market desirability, underscoring the significance of strategic location in property valuation.