4 Room (4NG) HDB for Sale in 111 Serangoon North Avenue 1

The valuation of the HDB 4-room unit located in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $464,818, translating to $474 PSF. This valuation is notably above the market baseline, demonstrating an 18.1% premium that reflects a demand-driven market dynamic. Such a significant deviation from the baseline suggests a robust interest in this particular segment, potentially influenced by proximity to key amenities, transportation links, and the overall desirability of the Serangoon estate.

However, it is imperative to note that the model confidence for this valuation is categorized as low, based on an analysis of only six recent HDB resale transactions in the vicinity. This limited dataset may indicate fluctuations in market conditions or a lack of comparable sales that could distort the perceived value. Investors and potential buyers should approach this valuation with caution, considering the implications of the reduced lease term on long-term investment viability and the potential for future price adjustments as the lease matures.