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

The valuation of the HDB 3 Room unit in Serangoon, with a remaining lease of 90 years, stands at an estimated value of $529,913, translating to a price per square foot of $694. This valuation positions the property above the current market baseline by approximately 5.7%, indicating a robust demand and desirability for HDB units in this particular locale. The analysis draws upon data from 196 recent HDB resale transactions in the vicinity, reinforcing the credibility of the valuation model employed.

Market dynamics in Serangoon demonstrate a strong appetite for HDB properties, driven by factors such as proximity to essential amenities, transport links, and the overall livability of the area. The remaining lease of 90 years further enhances the property’s allure, as prospective buyers often prioritize units with substantial lease tenures, minimizing concerns regarding lease decay. Given the high model confidence of this valuation, stakeholders can consider this property as a highly competitive investment opportunity within the current real estate landscape.