6 Bed Terraced House (Landed) for Sale around Simon Road

This valuation report presents an extensive analysis of an HDB Executive unit located in the desirable Serangoon area, with a remaining lease of 75 years. The estimated value for the property stands at $3,720,663, translating to a price per square foot of $728. This valuation is particularly notable as it reflects a market signal that is significantly above the baseline, with a striking 74.7% difference. Such a premium indicates a robust demand within the local market and underscores the desirability of the Serangoon locale.

The strong model confidence, rated as high, is based on a comprehensive analysis of 115 recent HDB resale transactions in the vicinity. This data reinforces the valuation and suggests a solid trend in property appreciation in the area, influenced by factors such as accessibility, community amenities, and the overall attractiveness of the Serangoon district. As the remaining lease is still substantial at 75 years, this property not only appeals to owner-occupiers seeking a long-term residence but also to investors looking for assets with a resilient market presence. The dynamics of this valuation reflect a vibrant and competitive HDB market, where properties such as this one are increasingly seen as valuable investments.