5 Room (5A) HDB for Sale in 338D Anchorvale Crescent

The valuation of the 5-room HDB property in Serangoon, with a remaining lease of 90 years, stands at an estimated value of $800,352, translating to a price per square foot (PSF) of $658. This valuation reflects a market signal that is notably above the baseline, with a significant 6.2% variance indicating strong demand dynamics within the local real estate market. Such a premium valuation is indicative of the property’s desirable attributes, including its strategic location, quality of amenities, and the overall livability of the Serangoon area.

With model confidence rated as high and based on an extensive analysis of 143 recent HDB resale transactions in the vicinity, this valuation underscores a robust market trend that favors properties with longer remaining leases. The remaining 90 years on the lease is a crucial factor that enhances the property’s appeal to potential buyers, as it ensures longevity and stability in investment. As observed, the average demand for HDB units in this region continues to reflect resilience, supported by a growing population and urban development initiatives, which further solidify Serangoon’s status as a sought-after residential enclave.