4 Room (4S) HDB for Sale in 203 Serangoon Central

In the current landscape of Singapore's real estate market, the valuation of this HDB 4-room unit in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $678,547, translating to $709 per square foot. This valuation is notably above the market baseline by 17.8%, indicating a premium positioning within the local market dynamics. Such a significant deviation from the baseline value suggests that factors influencing demand and desirability in the Serangoon area may be at play, despite the inherent risks associated with a shorter lease term.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity serving as the basis for this assessment. This scarcity of comparative transactions may indicate a potential anomaly in market behavior or a unique appeal of this specific property that is not yet fully captured in broader market trends. As the remaining lease diminishes, it will be crucial for prospective buyers and investors to consider the long-term implications of leasehold tenure on future resale value and marketability.