3 Room (3A) HDB for Sale in 365D Upper Serangoon Road

The valuation of the HDB 3-room unit in Serangoon, estimated at $502,133 or $696 PSF, indicates a robust market performance, particularly given its remaining lease of 89 years. This valuation is positioned 33.2% above the market baseline, reflecting a strong demand within this vibrant neighborhood. The high level of interest in Serangoon is underscored by the area's reputation for family-friendly amenities, accessibility, and a well-established community, which contributes significantly to the premium pricing observed in this segment.

Furthermore, the valuation is supported by an extensive analysis of 202 recent HDB resale transactions in the vicinity, providing a solid foundation for the high model confidence rating. Such a premium in valuation signifies not only a competitive market landscape but also the desirability of properties that offer a longer remaining lease, which is often a critical factor for potential buyers. As the real estate landscape continues to evolve, the performance of this HDB unit serves as a key indicator of broader market trends, particularly in the context of lease longevity and its impact on property value.