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The valuation of the HDB 4-room unit in Serangoon, with a remaining lease of 81 years, stands at an estimated value of $691,997, translating to $714 per square foot (PSF). This valuation is indicative of a notable market signal, reflecting a premium above the baseline value by 22.8%. Such a substantial deviation from the average market price underscores the desirability of properties in this region, driven by factors such as local amenities, accessibility, and the demographic appeal of Serangoon.

Furthermore, the model confidence in this valuation is categorized as high, supported by an extensive analysis of 379 recent HDB resale transactions in the vicinity. This robust dataset not only reinforces the credibility of the valuation but also highlights the resilience of the Serangoon property market, which continues to attract discerning buyers. The remaining lease of 81 years provides a substantial tenure, appealing to families and investors alike, who are seeking long-term stability in their housing investments. Overall, the HDB market in Serangoon reflects strong fundamentals, making it an attractive option for prospective buyers.