4 Room (4NG) HDB for Sale in 211 Serangoon Avenue 4

The valuation of the HDB 4 Room property in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $531,886, translating to $531 PSF. This valuation indicates a significant market signal, being positioned 31.4% above the baseline. Such a premium suggests a robust demand for HDB properties in this locality, reflecting the desirability of Serangoon as a residential area. The analysis is grounded in recent market activity, specifically drawing insights from 12 recent HDB resale transactions within the vicinity, which collectively inform the valuation dynamics.

However, it is essential to note that the model confidence is categorized as medium. This indicates that while the data supports a strong valuation, external factors influencing the property market and buyer sentiment should be closely monitored. The remaining lease of 57 years may also play a crucial role in buyer perception and future resale potential, as properties with shorter leases typically experience higher depreciation rates. Consequently, interested parties should weigh these lease dynamics alongside the attractive market positioning when considering investment decisions in Serangoon's competitive HDB landscape.