4 Room (4A) HDB for Sale in 408C Northshore Drive

The valuation of the 4-room HDB property located in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $690,718, equating to a price per square foot (PSF) of $683. This assessment, derived from a comprehensive analysis of 373 recent HDB resale transactions in the vicinity, indicates a notable market signal that positions this property above the prevailing market baseline by 15.8%. Such a premium valuation underscores the desirability of the Serangoon area, which is characterized by its robust amenities, connectivity, and community appeal.

The high model confidence rating associated with this valuation suggests a strong alignment with current market trends and buyer sentiment. The extended lease period of 93 years further enhances the property’s investment attractiveness, as it provides potential buyers with significant tenure security. In a market where leasehold dynamics play a pivotal role in investment decisions, this property not only benefits from a favorable remaining lease but also reflects broader trends of demand outpacing supply in strategic locations like Serangoon, reinforcing its above-market valuation.