3 Room (3A) HDB for Rent in 409D Northshore Drive

The valuation of the HDB 3-room unit located in Serangoon reflects a well-calibrated assessment amidst a stable market environment. With a remaining lease of 93 years, the property commands an estimated value of $490,282, translating to a price per square foot of $680. This valuation is underpinned by a robust model confidence rating of High, indicative of the reliability of the data derived from an extensive analysis of 196 recent HDB resale transactions in the vicinity, ensuring a thorough understanding of local market dynamics.

The market signal indicates a 0% difference from the baseline, suggesting that the property is accurately priced in relation to current market trends. This stable pricing reflects the ongoing demand for HDB units in Serangoon, a popular residential district known for its accessibility and community amenities. As the property market continues to evolve, the remaining lease duration plays a significant role in buyer sentiment, with a longer lease often enhancing the attractiveness of a property. Overall, this valuation positions the HDB unit as a competitive offering in the current landscape, appealing to both first-time buyers and investors seeking stable assets in Singapore’s real estate market.