5 Room (5A) HDB for Sale in 121A Rivervale Drive

The HDB 5 Room unit located in Serangoon, with a remaining lease of 73 years, has been appraised at an estimated value of $817,413, translating to a price per square foot (PSF) of $690. This valuation reflects a compelling opportunity in the current market landscape, characterized by a significant 21.7% divergence from the baseline value. Such a gap indicates that this property is positioned as a good deal amidst the competitive HDB resale market, particularly in a sought-after district like Serangoon.

Our analysis, grounded in a robust dataset comprising 41 recent HDB resale transactions within the vicinity, demonstrates high model confidence in this valuation. The strong demand for HDB flats in Serangoon, attributed to its strategic location and well-developed amenities, underpins the positive market signal. As prospective buyers increasingly seek residential options with substantial remaining leases, this property stands out not only for its intrinsic value but also for its potential for long-term appreciation in a thriving neighborhood.