5 Room (5I) HDB for Sale in 370 Woodlands Avenue 1

The valuation of the 5-room HDB unit in Woodlands, with a remaining lease of 68 years, stands at an estimated value of $739,137, translating to $554 per square foot (PSF). This valuation indicates a market signal classified as 'Above Market', reflecting a 6.2% premium over the baseline price for comparable properties in the area. Such a premium can often be attributed to various factors, including the property’s condition, the amenities available in Woodlands, and its strategic location within the district.

However, it's important to note that the model confidence for this valuation is categorized as 'Low', based on a limited dataset of only two recent HDB resale transactions in the vicinity. This low confidence suggests that while the current valuation captures a potential market trend, it may be influenced by outlier transactions or unique buyer motivations that are not yet fully representative of the broader market dynamics. Given the remaining lease of 68 years, prospective buyers should also consider the implications of lease tenure on long-term value retention and marketability, particularly as the property approaches its 60-year milestone.