5 Room (5I) HDB for Sale in 409D Northshore Drive

The valuation of the 5-room HDB property in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $799,965, translating to a price per square foot (PSF) of $664. This assessment positions the property above the market baseline by 12.4%, indicating a robust demand trajectory in the local real estate landscape. Such a premium valuation underscores the inherent appeal of the Serangoon district, particularly for families seeking spacious living in a well-connected and established neighborhood.

Our analysis is grounded in the evaluation of 135 recent HDB resale transactions within the vicinity, which substantiates a high model confidence in this valuation. The sustained interest in HDB properties, especially those with extended lease terms, reflects a strategic investment opportunity amidst Singapore's evolving housing market. As the demand for quality housing continues to outstrip supply in key urban areas, properties like this 5-room unit in Serangoon are poised to retain their value and appeal, making them a compelling choice for prospective buyers and investors alike.