4 Room (4A) HDB for Sale in 421B Northshore Drive

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 94 years, stands at an estimated value of $688,374 or $688 PSF. This assessment places the property significantly above the prevailing market average, reflecting a substantial 45.3% difference from the baseline valuation. Such a premium indicates a robust demand for residential properties in this locality, which can be attributed to Serangoon's strategic position within Singapore's residential landscape, providing residents with a mix of accessibility, amenities, and community vibrancy.

The model confidence for this valuation is categorized as High, underpinned by a comprehensive analysis of 362 recent HDB resale transactions in the vicinity. This data-driven approach not only reinforces the credibility of the valuation but also signals a competitive market environment, where desirability and investment potential are heightened. The extended lease tenure of 94 years further enhances the property's appeal, positioning it favorably among potential buyers who prioritize long-term value retention in a rapidly evolving real estate market.