4 Room (4NG) HDB for Sale in 309 Serangoon Avenue 2

The valuation of the 4-room HDB property located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $515,197, translating to a price per square foot (PSF) of $526. This valuation is notably positioned above the market baseline by 15.5%, indicating a premium associated with this particular unit. Such a substantial deviation from the baseline suggests that demand for HDB properties in the Serangoon area remains robust, potentially driven by factors such as location desirability, accessibility, and community amenities.

However, it is important to note that the model confidence in this valuation is categorized as low, primarily due to the reliance on only three recent HDB resale transactions within the vicinity. This limited data set may not fully capture the broader market dynamics and fluctuations that can influence property values over time. Investors and potential buyers should exercise caution and conduct thorough due diligence, considering both the remaining lease duration and current market conditions that could impact future resale opportunities.