3 Room (3NG) HDB for Sale in 331C Anchorvale Street

The valuation of the HDB 3 Room unit located in Serangoon, with a remaining lease of 88 years, stands at an estimated value of $507,024, translating to a price per square foot (PSF) of $694. This valuation not only reflects the intrinsic value of the property but also indicates a strong market position, with the current price representing a 7.5% premium above the baseline market value. Such an upward shift in pricing can be attributed to various factors, including the ongoing demand for HDB flats in the Serangoon area, which is renowned for its connectivity and amenities.

The model confidence for this valuation is rated as high, supported by the analysis of 196 recent HDB resale transactions within the vicinity. This robust dataset enables a reliable comparison and highlights the consistent upward trend in property values, driven by factors such as urban development, proximity to essential services, and the overall desirability of the neighborhood. The remaining lease of 88 years provides an attractive proposition for both investors and homebuyers, ensuring long-term value retention and potential for appreciation in the vibrant Singapore real estate market.