5 Bed Terraced House (Landed) for Sale in Park Villas

The valuation of the HDB Executive unit in Serangoon, with a remaining lease of 70 years, stands at an estimated value of $1,805,683, translating to a price per square foot (PSF) of $694. This valuation is particularly noteworthy as it reflects a significant premium, being marked as above market by 71.1% from the baseline. Such a deviation indicates strong demand dynamics within the Serangoon area, driven by its strategic location and the robust amenities that cater to a diverse demographic.

Analyzing the recent market activity, the valuation is supported by data from 15 recent HDB resale transactions in the vicinity. The medium confidence level associated with this valuation suggests a balanced outlook, taking into account the varying market conditions and buyer sentiment. With the remaining lease of 70 years, this property offers a compelling proposition for both investors and owner-occupiers, as properties of this nature typically retain their value well due to the continued urban development and infrastructure improvements in the region. Buyers are increasingly recognizing the long-term potential of HDBs in well-established neighborhoods like Serangoon, thus amplifying the competitive pricing in the market.