5 Room (5A) HDB for Sale in 409B Northshore Drive

The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $800,731, translating to a price per square foot (PSF) of $664. This valuation is particularly noteworthy as it is positioned 9.3% above the baseline market value, indicating strong demand and a robust buyer interest in this segment of the HDB market. Given the significant number of recent transactions—137 in total within the vicinity—this valuation reflects a high degree of model confidence, underscoring the reliability of the data and trends influencing this property.

Serangoon’s appeal as a residential hub is bolstered by its strategic location and well-developed amenities, factors that contribute to its desirability among potential buyers. The remaining lease of 93 years provides a substantial buffer for long-term investment, making this property an attractive option for families and investors alike. The current market dynamics suggest a competitive landscape where properties with favorable lease durations and prime locations are likely to command premium pricing, as evidenced by this HDB valuation.