3 Room HDB for Sale in 406B Northshore Drive

The valuation of the HDB 3-room unit in Serangoon, with a remaining lease of 93 years, is currently estimated at $495,384 or $687 PSF. This assessment indicates a property that is not only well-positioned in a sought-after residential enclave but also reflects a robust market performance, as it is priced above the baseline by 9%. Such a premium valuation suggests strong demand dynamics in the Serangoon area, which is further corroborated by our analysis of 188 recent HDB resale transactions within the vicinity.

Market signals indicate a high model confidence in this valuation, suggesting that prospective buyers may be willing to pay a premium for the remaining lease period, which offers a significant lifespan for future occupants. The elevated price point can be attributed to factors such as the area's desirability, accessibility, and the overall health of the HDB resale market in Singapore. As demand continues to outstrip supply in prime districts, we anticipate that well-located properties like this will continue to appreciate, making it an attractive investment opportunity for discerning buyers seeking long-term growth.