4 Room (4A) HDB for Sale in 330 Serangoon Avenue 3

Analytical Summary of HDB 4 Room Valuation in Serangoon

The subject property, a 4-room HDB unit located in the highly sought-after Serangoon area, boasts a remaining lease of 58 years and is currently valued at $630,441, translating to a price per square foot (PSF) of $568. This valuation places the property above the market baseline by an impressive 42.8%, indicative of strong demand dynamics in the local real estate market. Such a significant premium suggests that buyers are willing to invest in properties that offer not only a desirable location but also the potential for future appreciation, despite the remaining lease period.

Model confidence for this valuation is rated as high, supported by an extensive analysis of 250 recent HDB resale transactions within the vicinity. This robust dataset allows for a comprehensive understanding of market trends and buyer sentiment, reinforcing the notion that properties in Serangoon are particularly attractive due to their proximity to essential amenities, reputable schools, and transport links. The above-market valuation reflects a broader trend of resilient demand in Singapore's HDB market, where buyers are increasingly prioritizing location and future growth potential over the remaining lease duration.