3 Room (3A) HDB for Sale in 221A Sumang Lane

The subject property, a 3-room HDB unit located in the vibrant Serangoon district, boasts a remaining lease of 90 years, positioning it advantageously in the current market landscape. With an estimated value of $502,133, translating to a price per square foot of $696, this valuation reflects a nuanced understanding of both the intrinsic qualities of the property and the broader market dynamics at play. The proximity of 202 recent HDB resale transactions in the vicinity further reinforces the reliability of this assessment, providing a robust data foundation upon which this valuation is predicated.

Market signals indicate a slight premium of 0.4% above the baseline, suggesting a resilient demand for HDB properties within Serangoon, a neighborhood renowned for its strategic connectivity and community amenities. This marginal appreciation is indicative of a stable market environment, where buyers are willing to invest in properties that not only offer long-term lease security but also access to essential services and recreational facilities. The high confidence level associated with this valuation underscores the property’s competitive positioning in a market characterized by ongoing interest and investment in HDB flats, particularly those with extended remaining leases.