4 Room (4A) HDB for Sale in 408 Serangoon Avenue 1

The valuation of the HDB 4 Room unit in Serangoon, with a remaining lease of 61 years, is estimated at $736,432, translating to $652 per square foot. This valuation indicates a significant market signal, positioning the property at an approximate 11.3% above the baseline valuation. Such a premium suggests a heightened demand for properties in the Serangoon area, influenced by various market dynamics including accessibility, local amenities, and demographic trends.

However, it is essential to note the low model confidence associated with this valuation, primarily due to the reliance on only one recent HDB resale transaction within the vicinity. This limited dataset may not fully encapsulate the current market conditions, and as such, potential buyers and investors should exercise caution. The 61-year remaining lease adds another layer of complexity, as properties with shorter leases may experience varying degrees of buyer interest, depending on individual investment strategies and market perceptions. Therefore, while the valuation reflects an attractive opportunity within a sought-after neighbourhood, thorough due diligence is recommended for informed decision-making.