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

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 93 years, is estimated at an impressive $796,446, translating to a price per square foot (PSF) of $655. This valuation positions the property above the market baseline by 24.1%, indicating a robust demand for HDB units in this desirable neighborhood. The elevated price reflects the property’s strategic location, accessibility, and the overall appeal of the Serangoon district, which continues to attract both families and young professionals seeking quality living environments.

Our analysis, grounded in data from 146 recent HDB resale transactions in the vicinity, showcases a high model confidence level, further affirming the strength of this valuation. The extended remaining lease of 93 years provides potential buyers with a reassuring sense of security and longevity in their investment. As the market evolves, this HDB unit's value appears poised to benefit from ongoing urban developments and enhancements in infrastructure, making it a compelling opportunity for discerning investors.