Factors influencing price:
Location: Flats closer to the MRT station and amenities will typically command higher prices.
Flat type and size: 3-room flats come in different models (e.g., 3I, 3NG, 3S) with varying sizes. Larger units will generally be more expensive.
Floor level and view: High-floor units with good views usually fetch higher prices.
Remaining lease: Flats with a longer remaining lease will be more valuable.
Condition and renovations: Well-maintained and renovated flats can command higher prices.
Current market conditions: The overall property market sentiment and demand in Serangoon can also influence prices.
Recommendations:
Research recent transactions: Check HDB's Resale Flat Prices portal or property websites like PropertyGuru and 99.co to see recent transaction prices for similar flats in the Serangoon area.
Engage a property agent: A good agent can help you find suitable listings, negotiate prices, and guide you through the buying process.
Visit multiple flats: View several flats to compare their condition, location, and price before making a decision.
Be prepared to negotiate: Don't hesitate to negotiate with the seller, especially if you find any defects or areas for improvement in the flat.
Additional tips:
Consider your budget: Determine your budget and get an In-Principle Approval (IPA) from HDB or a bank to know how much you can borrow.
Factor in renovation costs: If you plan to renovate the flat, include those costs in your budget.
Be patient: Finding the right flat at the right price might take time, so be patient and persistent in your search.
Remember that these are estimates and the final price will depend on the specific flat and negotiations with the seller. By doing your research and being prepared, you can make an informed decision and find a 3-room resale HDB flat in Serangoon that meets your needs and budget.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
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