3 Room (3I) HDB for Sale in 2 Lorong Lew Lian

The valuation of the HDB 3-room unit in Serangoon, with a remaining lease of 50 years, is pegged at an estimated value of $333,933, translating to a price per square foot (PSF) of $485. This valuation places the property above the market average by a significant margin, indicating a 40.1% premium over the baseline. Such a substantial deviation suggests strong demand for HDB units in this particular locale, likely driven by the area's accessibility, amenities, and overall desirability among potential buyers.

With a model confidence rating of high, the valuation is backed by a robust analysis of 191 recent HDB resale transactions in the vicinity. The data underscores the current market dynamics, wherein properties with a longer remaining lease are increasingly sought after, particularly in well-connected neighborhoods like Serangoon. As buyers continue to prioritize location and community features, this property stands out as a compelling investment, reflecting both the resilience of the HDB market and the enduring appeal of the Serangoon district.