3 Room (3A) HDB for Sale in 409A Northshore Drive

This valuation report presents an analysis of a 3-room HDB unit located in the vibrant Serangoon district, which boasts a remaining lease of 93 years. The estimated market value of this property is pegged at $489,069, translating to a price per square foot (PSF) of $678. This valuation is indicative of a robust demand within the local real estate market, suggesting that prospective buyers are willing to pay a premium for properties in this locality.

With a market signal reflecting an impressive 28.4% above the baseline, this property stands out amidst a competitive landscape. The high model confidence rating, derived from an analysis of 192 recent HDB resale transactions in the surrounding area, reinforces the reliability of this valuation. Such a substantial premium suggests that factors such as proximity to amenities, quality of life, and the overall desirability of the Serangoon neighborhood are driving the market dynamics, making this unit a compelling investment opportunity.