538 Ang Mo Kio Avenue 5 560538, Cheng San, North-east Region, Singapore
$400,000









This flat is a 3 Rooms HDB for sale in 538 Ang Mo Kio Avenue 5, a stunning HDB Resale Flat in Singapore. Key features ✓ Walking Distance to Wet Market ✓ Walking Distance to Hawker Centre ✓ Original condition ✓ Move-in condition ✓ Spacious layout ✓ Squarish layout ✓ Bright and airy ✓ No west sun ✓ Quiet and peaceful facing ✓ Convenient location ✓ Great for own stay Searching for a property in Singapore? Look no further than this stunning HDB for Sale in Ang Mo Kio. Located in Ang Mo Kio HDB Estate, this development is part of District 20. Completed in 1980, Cheng San View is a 99 year leasehold HDB Development with a total of 216 units. It has a total of 10 floors and is one of 33 HDB Blocks on Ang Mo Kio Avenue 5. If you are looking for a property in the Ang Mo Kio, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • 1 MRT within 1 km ⭑ Nearby Bus stops • Blk 538 (34 m) - 1 mins walk • Opposite Blk 538 (50 m) - 1 mins walk • Blk 540 (173 m) - 3 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Sri Mahalakshmi Store P. L. (271 m) - 4 mins walk • Giant Express (335 m) - 5 mins walk • Giant Express - Ang Mo Kio 525 (337 m) - 5 mins walk • 2 more walking distance grocery stores within 500 m ⭑ Nearby Schools • Anderson Secondary School (204 m) - 3 mins walk • Former Holy Innocents' Primary School (315 m) - 5 mins walk • Carpe Diem (363 m) - 6 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • Ang Mo Kio Town Garden East (629 m) - 3 mins drive • 7 parks within 5 km
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 9 HDB resale transactions (data.gov.sg)
Fair Value
S$319,466
S$436 psf
Asking Price
S$400,000
S$546 psf
vs Market
+25.2%
vs Last Done
+2.4%
Tenure
53 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
9 comps
Nearest MRT
Ang Mo Kio
755m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
9 comparable transactions
S$565
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.757
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$436
Recent Comparable Transactions
9 shown · 9 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 538 ANG MO KIO AVE 5 Floor 01 TO 03 | 732sqft | S$390,000 | ▲S$533 +22.2% vs FV | 99yr from 1980 |
May 2026 | Blk 538 ANG MO KIO AVE 5 Floor 01 TO 03 | 732sqft | S$390,000 | ▲S$533 +22.2% vs FV | 99yr from 1980 |
Dec 2025 | Blk 538 ANG MO KIO AVE 5 Floor 04 TO 06 | 732sqft | S$400,000 | ▲S$546 +25.2% vs FV | 99yr from 1980 |
Nov 2025 | Blk 538 ANG MO KIO AVE 5 Floor 04 TO 06 | 883sqft | S$450,000 | ▲S$510 +17.0% vs FV | 99yr from 1980 |
Oct 2025 | Blk 538 ANG MO KIO AVE 5 Floor 07 TO 09 | 732sqft | S$458,000 | ▲S$626 +43.6% vs FV | 99yr from 1980 |
Oct 2025 | Blk 538 ANG MO KIO AVE 5 Floor 10 TO 12 | 883sqft | S$453,000 | ▲S$513 +17.7% vs FV | 99yr from 1980 |
Jul 2025 | Blk 538 ANG MO KIO AVE 5 Floor 04 TO 06 | 732sqft | S$410,000 | ▲S$560 +28.4% vs FV | 99yr from 1980 |
Jun 2025 | Blk 538 ANG MO KIO AVE 5 Floor 04 TO 06 | 883sqft | S$492,000 | ▲S$557 +27.8% vs FV | 99yr from 1980 |
May 2025 | Blk 538 ANG MO KIO AVE 5 Floor 07 TO 09 | 732sqft | S$442,888 | ▲S$605 +38.8% vs FV | 99yr from 1980 |
May 2025 | Blk 538 ANG MO KIO AVE 5 Floor 10 TO 12 | 732sqft | S$465,000 | ▲S$635 +45.6% vs FV | 99yr from 1980 |
Blk 538 ANG MO KIO AVE 5
May 2026 · Floor 01 TO 03
+22.2% vs FV
Blk 538 ANG MO KIO AVE 5
May 2026 · Floor 01 TO 03
+22.2% vs FV
Blk 538 ANG MO KIO AVE 5
Dec 2025 · Floor 04 TO 06
+25.2% vs FV
Blk 538 ANG MO KIO AVE 5
Nov 2025 · Floor 04 TO 06
+17.0% vs FV
Blk 538 ANG MO KIO AVE 5
Oct 2025 · Floor 07 TO 09
+43.6% vs FV
Blk 538 ANG MO KIO AVE 5
Oct 2025 · Floor 10 TO 12
+17.7% vs FV
Blk 538 ANG MO KIO AVE 5
Jul 2025 · Floor 04 TO 06
+28.4% vs FV
Blk 538 ANG MO KIO AVE 5
Jun 2025 · Floor 04 TO 06
+27.8% vs FV
Blk 538 ANG MO KIO AVE 5
May 2025 · Floor 07 TO 09
+38.8% vs FV
Blk 538 ANG MO KIO AVE 5
May 2025 · Floor 10 TO 12
+45.6% vs FV
HELIOS AI Analysis
The HDB 3 Room property located in Ang Mo Kio, with a remaining lease of 53 years, has been appraised at an estimated value of $319,466, translating to $436 per square foot (PSF). This valuation positions the property significantly above market expectations, reflecting a notable 25.2% premium compared to the established baseline for similar units in the area. Such a divergence signals a robust demand for HDB units in this mature estate, where amenities and established infrastructure enhance the attractiveness for potential buyers.
Our analysis, grounded in a review of 9 recent HDB resale transactions in the vicinity, indicates a medium level of confidence in this valuation. The Ang Mo Kio precinct continues to exhibit resilience in its property market, driven by a demographic of families seeking long-term residency in a well-connected locale. As leasehold properties age, market dynamics shift, yet the enduring appeal of this estate, coupled with its remaining lease, suggests potential for sustained interest and investment. Investors and homeowners alike should consider this valuation as a reflection of both current market trends and the intrinsic value of living in one of Singapore's well-established residential districts.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.