3 Room HDB for Sale in 221A Sumang Lane

The valuation of the HDB 3-room unit in Serangoon, with a remaining lease of 91 years, stands at an estimated value of $696,526, translating to a price per square foot of $696 PSF. This valuation reflects a market price that is 3.8% above the baseline, indicating a robust demand within this well-established residential area. The high model confidence score, derived from an analysis of 197 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation amidst current market dynamics.

Serangoon’s appeal is significantly influenced by its strategic location and access to essential amenities, which have driven a consistent demand for HDB units. The remaining lease of 91 years further enhances the attractiveness of this property, providing potential buyers with long-term security and value retention. As Singapore's property market continues to evolve, this valuation serves as a testament to the resilience and desirability of HDB living in Serangoon, underscoring its position as a prime investment opportunity in the local real estate landscape.