4 Room (4I) HDB for Sale in 421C Northshore Drive

The valuation of the 4-room HDB property located in Serangoon, with a remaining lease of 93 years, stands at an estimated value of $706,029, translating to a price per square foot (PSF) of $683. This valuation positions the property significantly above the market average, with a notable 20.4% premium over the baseline. Such a substantial deviation from the norm underscores the desirability and competitive nature of the Serangoon area, which is characterized by its strategic location, excellent amenities, and robust community infrastructure.

The high model confidence level associated with this valuation is reinforced by an extensive analysis of 369 recent HDB resale transactions within the vicinity. This comprehensive data set indicates a strong market demand for HDB units in Serangoon, driven by both local and foreign interest. The remaining lease period of 93 years further enhances the property’s appeal, as buyers tend to favor longer leases, which provide greater assurance regarding future value retention and potential appreciation. As such, this valuation not only reflects current market dynamics but also positions the property as a sound investment opportunity in a thriving residential market.