3 Room (3A) HDB for Sale in 421A Northshore Drive

The valuation of the HDB 3 Room unit in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $497,082, translating to a robust $680 per square foot. This valuation is notably positioned above the market average, reflecting a significant 30.6% premium compared to the baseline pricing in the district. Such a differential signals a strong demand for properties in this area, driven by Serangoon's strategic location and the surrounding amenities that enhance its appeal to prospective buyers.

With high model confidence established by analyzing 196 recent HDB resale transactions in the vicinity, this valuation underscores the resilience of the HDB market in Serangoon. The remaining lease of 93 years plays a critical role in maintaining buyer interest, as it offers a longer tenure compared to many other properties in the region. As Singapore continues to evolve, the dynamics of the housing market remain influenced by factors such as urban development, accessibility, and community amenities, all of which contribute to the sustained attractiveness of this HDB unit. The positive market signal indicates that buyers are willing to pay a premium for properties that promise long-term value and lifestyle benefits.