3 Room (3I) HDB for Sale in 2 Lorong Lew Lian

The valuation of the HDB 3-room property located in Serangoon, with a remaining lease of 50 years, stands at an estimated value of $326,039, translating to a price per square foot (PSF) of $473. This figure is notably above the market baseline, reflecting a significant 45.7% premium over comparables in the region. Such a pronounced disparity suggests strong demand dynamics, potentially driven by factors such as the property’s strategic location, accessibility, and the overall desirability of the Serangoon estate.

However, it is essential to approach this valuation with caution, as the model confidence has been rated as low. This rating indicates potential volatility in market conditions and may suggest that recent comparable transactions—only four in total—could be insufficient to provide a stable benchmark for this property's valuation. Stakeholders are encouraged to consider the implications of the property's remaining lease on its long-term investment viability, especially in light of the evolving landscape of HDB policies and the broader real estate market trends in Singapore.