5 Room (5I) HDB for Sale in 162C Rivervale Crescent

The valuation of the HDB 5-room unit in Serangoon, with a remaining lease of 90 years, stands at an estimated value of $806,543, translating to a competitive rate of $663 per square foot (PSF). This valuation not only reflects the robust demand for residential properties in this well-established district but also indicates the favourable market dynamics at play. The 2.3% variance from the baseline market price suggests a stable growth trajectory, indicative of sustained buyer interest and confidence in the area.

Our analysis is backed by comprehensive data derived from 131 recent HDB resale transactions within the vicinity, reinforcing a high model confidence level. The enduring appeal of Serangoon, combined with its strategic location and accessibility, continues to attract a diverse demographic, thus underpinning property values. The remaining lease of 90 years is particularly advantageous, providing prospective buyers with long-term security in their investment, which is a critical factor in the current market landscape.