4 Room (4A) HDB for Sale in 224 Serangoon Avenue 4

The valuation of the HDB 4 room property located in Serangoon, with a remaining lease of 57 years, has been estimated at an impressive $514,928, equating to $514 per square foot. This valuation is notably positioned above the market baseline by 26.2%, indicating a strong demand for HDB properties in this area despite the relatively shorter remaining lease. Such a premium valuation suggests that buyers are willing to pay a higher price, potentially due to the property's location, accessibility, and the desirable community amenities that Serangoon offers.

However, it is essential to highlight that the model confidence for this valuation is categorized as low, primarily based on a limited dataset of only one recent HDB resale transaction in the vicinity. This lack of robust comparative data may indicate a degree of volatility in the local market, where fluctuations can significantly impact property values. Thus, while the current valuation reflects a bullish market sentiment, potential investors should exercise caution and consider the dynamic market conditions alongside the remaining lease term when assessing the property’s long-term investment viability.