5 Room (5I) HDB for Sale in 403 Serangoon Avenue 1

The valuation of the HDB 5-room property in Serangoon, with a remaining lease of 61 years, stands at an estimated value of $908,787 or $688 PSF. This valuation is characterized by a market signal indicating a Good Deal, reflecting a favorable 14.2% difference from the baseline. Such a discrepancy suggests that the property is competitively priced within the current market landscape, particularly when considering the location's historical performance and demand trends.

However, it is critical to note the Model Confidence rating, which is categorized as Low. This rating stems from the reliance on a limited dataset, specifically based on just one recent HDB resale transaction in the vicinity. Consequently, while the property appears to present an attractive investment opportunity, potential buyers should approach with caution. The lease duration of 61 years is also a significant factor, as it may influence future resale potential and buyer sentiment, particularly in a market where leasehold properties are increasingly scrutinized for longevity and value retention.