2 Room (2STD) HDB for Sale in 991A Buangkok Link

The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 91 years, stands at an estimated value of $323,077, translating to a price per square foot (PSF) of $638. This price reflects a significant market signal, indicating an above-market valuation that is 29.4% higher than the baseline established by recent comparable transactions. Such a deviation suggests heightened demand for properties in this locale, potentially driven by the area’s strategic connectivity and amenities.

However, it is important to note that the model confidence in this valuation is categorized as low, which underscores the necessity for caution in interpreting these figures. The valuation is based on only two recent HDB resale transactions in the vicinity, which may not provide a comprehensive picture of the market dynamics at play. Factors such as local development plans, demographic shifts, and buyer sentiment may significantly influence the actual transaction prices in the near future. As such, while the current valuation appears attractive, prospective buyers and investors should remain vigilant and consider a broader range of data before making decisions in this evolving real estate landscape.