4 Room (4S) HDB for Sale in 242 Serangoon Avenue 3

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 58 years, stands at an estimated value of $494,881, translating to approximately $547 PSF. This valuation indicates a notable market signal, as it is positioned 44.5% above the baseline for similar properties within the vicinity. Such a substantial premium reflects the underlying dynamics of the Serangoon market, which is characterized by strong demand and limited supply, particularly for HDB units with favorable attributes.

The model confidence for this valuation is categorized as high, supported by an analysis of 379 recent HDB resale transactions in the area. This robust data set not only reinforces the credibility of the valuation but also highlights the resilience of the Serangoon district as a sought-after residential enclave. As buyers increasingly prioritize established neighborhoods with amenities and connectivity, properties like this HDB unit are likely to continue commanding attractive premiums in the marketplace, making them a prudent investment for discerning homeowners and investors alike.