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

The HDB 5-room property located in Serangoon, with a remaining lease of 90 years, has been appraised at an estimated value of $806,892, translating to a price per square foot (PSF) of $664. This valuation positions the property above the current market baseline by 5.3%, indicating a strong demand and a competitive market environment for HDB properties in the vicinity. Such a premium suggests that buyers are willing to invest significantly more for desirable features or location attributes that this specific unit offers.

Analyzing the broader market dynamics, the model confidence for this valuation stands at a high level, supported by a robust dataset comprising 138 recent HDB resale transactions in the area. This substantial sample size enhances the reliability of the findings, reflecting the competitive nature of the Serangoon market where HDB properties with long leases are increasingly sought after. The remaining lease of 90 years further adds to the appeal, as it provides buyers with a sense of security regarding long-term ownership and investment potential. Thus, this valuation not only underscores the property’s inherent value but also highlights the resilience and attractiveness of the Serangoon HDB market amidst evolving buyer preferences.