4 Room (4A) HDB for Sale in 307 Serangoon Avenue 2

The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 58 years, reflects a compelling market position, estimated at $579,925 or $567 PSF. This valuation is indicative of current market dynamics, showcasing a 3.5% difference from the baseline price, suggesting a moderately competitive market environment. The medium model confidence level underscores the variability inherent in HDB transactions, particularly as it relates to the length of the remaining lease, which is a crucial factor for potential buyers.

Analyzing recent trends from 13 resale transactions in the vicinity, it becomes evident that the Serangoon area continues to attract interest, driven by its strategic location and amenities. The balancing act of lease longevity and pricing is critical; properties with more than 50 years remaining lease tend to appeal to a broader range of buyers, especially families seeking stability and community. As the market adjusts, this HDB unit stands as a noteworthy opportunity within the landscape of Singapore's evolving real estate market.