537 Ang Mo Kio Avenue 5 560537, Cheng San, North-east Region, Singapore
$530,000
renovated condition, very well-maintained. privacy with door to door, no common corridor. may need 3 months extension of stay after completion of sale - Conveniently located in the heart of Ang Mo Kio, this spacious 3 bedroom, 2 bathroom HDB is perfect for families looking for a comfortable and well-connected home. - With a generous size of 990 sqft, this unit offers ample space for you and your loved ones to relax and unwind. - The property is strategically situated near a host of amenities, ensuring that all your daily needs are within easy reach. - Just a short distance away, you'll find the Ang Mo Kio MRT station (1.3 km), providing seamless connectivity to the rest of Singapore. - For those who enjoy dining out, there are plenty of options nearby. Take a short stroll to Subway (0.3 km) for a quick and healthy meal, or head to Popeyes Ang Mo Kio Hub (0.4 km) for some delicious fried chicken. - In terms of healthcare, you can rest easy knowing that Goodwill Ambulance Services Pte. Ltd (0.3 km) and Vital Healthcare Pte Ltd (TCM) (0.4 km) are both in close proximity, ensuring prompt medical assistance when needed. - This HDB unit offers not just a comfortable living space, but also the convenience of having essential amenities within easy reach. Don't miss out on this opportunity to make it your own! (Note: Distance mentioned in brackets next to the names of amenities is calculated based on latitude and longitude coordinates)
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…


License: L3008022J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$402,987
S$407 psf
Asking Price
S$530,000
S$535 psf
vs Market
+31.5%
vs Last Done
-0.4%
Tenure
52 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Ang Mo Kio
701m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$537
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.743
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$407
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 537 ANG MO KIO AVE 5 Floor 01 TO 03 | 990sqft | S$532,000 | ▲S$537 +31.9% vs FV | 99yr from 1980 |
Oct 2024 | Blk 537 ANG MO KIO AVE 5 Floor 01 TO 03 | 990sqft | S$532,000 | ▲S$537 +31.9% vs FV | 99yr from 1980 |
Blk 537 ANG MO KIO AVE 5
Oct 2024 · Floor 01 TO 03
+31.9% vs FV
Blk 537 ANG MO KIO AVE 5
Oct 2024 · Floor 01 TO 03
+31.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $402,987, translating to approximately $407 PSF. This valuation is notably above the market baseline, reflecting a significant premium of 31.5%. Such a discrepancy raises important considerations regarding the local real estate dynamics, particularly in a mature estate like Ang Mo Kio, where demand often outpaces supply due to its strategic location and established amenities.
However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to reliance on a limited data set, which includes only one recent resale transaction in the vicinity. This scarcity of comparable sales can skew the market signals, making it essential for potential buyers and investors to exercise caution. The remaining lease period of 52 years further complicates the valuation, as HDB properties with shorter leases may experience diminishing interest and appreciation potential over time. Thus, while the current valuation suggests a robust demand, stakeholders should remain vigilant and consider broader market trends and lease duration implications when making decisions in this segment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.