Maisonette HDB for Sale in 319 Serangoon Avenue 2

The valuation of the HDB Executive apartment in Serangoon, with a remaining lease of 58 years, has been estimated at $1,039,275, translating to a price per square foot (PSF) of $661. This valuation positions the property significantly above the current market baseline, reflecting a 22.7% premium. Such a notable divergence from the average market price suggests a robust demand for HDB properties in this desirable locale, influenced by the overall appeal of Serangoon's amenities and connectivity.

However, it is essential to note that the model confidence for this valuation is categorized as low, indicating potential variability in market conditions and buyer sentiment. The assessment is based on only three recent HDB resale transactions in the vicinity, which may not provide a comprehensive picture of market dynamics. As the remaining lease period is a critical factor in HDB valuations, prospective buyers should carefully consider the implications of a 58-year lease, balancing the premium pricing against future resale potential and leasehold limitations.