Premium HDB for Sale in 159A Rivervale Crescent

The valuation of the 4-room HDB unit in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $812,074 or $680 PSF. This valuation is underpinned by a robust analysis of the local market, drawing insights from a comprehensive dataset comprising 379 recent HDB resale transactions within the vicinity. The model confidence associated with this valuation is classified as high, reinforcing the reliability of the estimated value amidst the current market dynamics.

Notably, the property signals a good deal, characterized by an 18.7% difference from the baseline. This indicates a favorable position for prospective buyers, suggesting that the unit is competitively priced relative to similar properties in the area. The remaining lease of 74 years also plays a pivotal role in the valuation, as properties with longer leases are generally preferred in the market, thereby enhancing their desirability. Given these factors, this HDB unit presents an attractive opportunity for buyers looking to invest in the flourishing Serangoon district.