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

The HDB 5-room property located in Serangoon, boasting a remaining lease of 93 years, has been estimated at a value of $793,174, translating to an impressive $658 per square foot. This valuation positions the property above the current market baseline by 7.9%, indicating robust demand and a willingness among buyers to pay a premium for the unique offerings of this locale. The high model confidence, derived from an analysis of 142 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation amidst fluctuating market conditions.

Serangoon's appeal is multifaceted, characterized by its strategic location, proximity to essential amenities, and a vibrant community atmosphere. The remaining lease of 93 years enhances the property’s attractiveness, as potential buyers are often drawn to HDBs with extended leases due to the longevity and security they offer. As urban development continues and demand for resilient real estate persists, the premium valuation of this HDB unit reflects not only the current market dynamics but also a broader trend towards appreciating long-term assets in Singapore's competitive property landscape.