4 Room (4A) HDB for Sale in 220B Sumang Lane

Property Valuation Summary for HDB 4 Room in Serangoon

The subject property, a 4-room HDB flat in the highly sought-after Serangoon area, is currently valued at approximately $702,238, translating to $702 per square foot (PSF). With a remaining lease of 90 years, this property is positioned favorably within the market, benefiting from the long-term leasehold that appeals to potential buyers seeking stability and investment longevity. The valuation reflects a modest 2% premium over the baseline market price, indicating a healthy demand and a competitive landscape for HDB units in this region.

Our model confidence in this valuation is classified as high, supported by an extensive analysis of 355 recent HDB resale transactions within the vicinity. The data underscores the resilience of the Serangoon property market, characterized by consistent buyer interest and a robust sales environment. As urban development and amenities continue to enhance the livability of the area, properties like this HDB flat are likely to witness sustained appreciation, making them an attractive proposition for both first-time buyers and seasoned investors.