224 Serangoon Avenue 4 550224, Serangoon Garden, North-east Region, Singapore
$650,000
• 4A Model 93 sqm / 1001 sqft • Corner door to door unit with good privacy on level 04 • Lift level serving 2 units each floor only • North/South facing, confirm no afternoon sun • Functional and well-designed layout • 1st owner, original condition • Spacious master bedroom, good size common rooms • Bright, airy, cozy and peaceful ambience • Super convenient location – Nex shopping mall, supermarkets, shops, hawker centre & eateries all nearby • Walking distance to Serangoon (CC13 NE12) & Lorong Chuan (CC14) MRT • Within 1KM of Peicai Secondary School, Zhonghua Primary School, Chij Our Lady Of Good Counsel, Yangzheng Primary School • Nearby lifestyle facilities: Serangoon Stadium, Serangoon Gardens Country Club, Serangoon Public Library • Easy access to CTE, and PIE expressways • Motivated seller • Seller require extension • Contact Nic at **9644 XXXX** via WhatsApp or WhatsApp call to arrange a viewing today!
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3010767E
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$514,928
S$514 psf
Asking Price
S$650,000
S$649 psf
vs Market
+26.2%
vs Last Done
+4.8%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Serangoon
896m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$619
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$514
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 224 SERANGOON AVE 4 Floor 04 TO 06 | 1,001sqft | S$620,000 | ▲S$619 +20.4% vs FV | 99yr from 1984 |
Aug 2024 | Blk 224 SERANGOON AVE 4 Floor 04 TO 06 | 1,001sqft | S$620,000 | ▲S$619 +20.4% vs FV | 99yr from 1984 |
Blk 224 SERANGOON AVE 4
Aug 2024 · Floor 04 TO 06
+20.4% vs FV
Blk 224 SERANGOON AVE 4
Aug 2024 · Floor 04 TO 06
+20.4% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 57 years, stands at an estimated value of $514,928, translating to $514 per square foot. This valuation positions the property above the market average, reflecting a significant 26.2% premium over baseline pricing. Such a marked discrepancy suggests that buyers may be willing to pay a premium for this specific unit, potentially driven by factors such as location desirability, unit specifications, or recent enhancements in local amenities.
However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited dataset may yield an unreliable gauge of market dynamics, indicating potential volatility in the pricing landscape. As the remaining lease diminishes, future valuations will need to be closely monitored to assess how lease length impacts buyer sentiment and market performance in this vibrant Serangoon locale.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.