5 Room (5A) HDB for Sale in 409D Northshore Drive

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 93 years, is pegged at an estimated value of $799,965, translating to a price per square foot (PSF) of $664. This valuation reflects a robust demand in the Serangoon area, positioning the property above the market baseline by 7%. Such a premium suggests a strong buyer sentiment and highlights the desirability of the location, which is characterized by its strategic connectivity and proximity to essential amenities.

Our analysis is underpinned by high model confidence, bolstered by data derived from 135 recent HDB resale transactions within the vicinity. This substantial dataset not only validates the strength of the current valuation but also emphasizes the resilience of the HDB market in Serangoon. The remaining lease of 93 years further enhances the property's appeal, as prospective buyers often prioritize longer leases when considering long-term investments. Overall, this valuation signifies a compelling opportunity for investors seeking to capitalize on the enduring demand for quality housing in a sought-after district.