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

The valuation of the 5-room HDB property in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $800,293, translating to a price per square foot (PSF) of $658. This valuation is notably positioned above the market standard, showcasing a significant 49.9% premium compared to the baseline. Such a robust valuation indicates strong demand dynamics in the Serangoon area, where a combination of factors including location, amenities, and community appeal contribute to heightened buyer interest and willingness to pay a premium for quality housing.

With model confidence rated as high, this valuation reflects a comprehensive analysis of 145 recent HDB resale transactions within the vicinity, ensuring a data-driven approach to market assessment. The extended lease period of 93 years adds to the property’s intrinsic value, as prospective buyers often favor longer leases for investment and personal residency. As the Singaporean real estate landscape continues to evolve, properties like this 5-room HDB in Serangoon serve as prime examples of how strategic location and remaining lease duration can significantly influence property valuations in the current market.