4 Room (4A) HDB for Sale in 240 Serangoon Avenue 2

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $708,616, translating to a price per square foot (PSF) of $627. This assessment positions the property above the market baseline by 15.7%, indicating a premium valuation that reflects both the desirability of the Serangoon area and the competitive dynamics of the current HDB resale market.

However, it is imperative to note that the model confidence for this valuation is classified as low, suggesting potential variability in the accuracy of the estimate. The valuation is informed by three recent HDB resale transactions in the vicinity, which serve as a benchmark yet also highlight the challenges in achieving precision within a fluctuating market landscape. Factors contributing to this premium valuation may include the property's accessibility, local amenities, and the overall demand for HDB units in the Serangoon district.