5 Room (5I) HDB for Sale in 164A Rivervale Crescent

The valuation of the HDB 5 Room unit located in the coveted Serangoon district reflects a robust market sentiment, with an estimated value of $779,232, translating to a competitive $658 per square foot (PSF). This valuation is underpinned by a remaining lease of 88 years, which positions the property favorably within the long-term ownership landscape. Given the significance of lease tenure in influencing buyer sentiment and investment potential, this HDB unit stands out as an attractive proposition for both homebuyers and investors alike.

Market dynamics indicate a good deal designation, with a notable 7.6% difference from the baseline value. This slight underpricing, relative to the average market rate, suggests an opportunity for astute buyers to capitalize on the current market conditions. The model confidence for this valuation is rated as high, based on a comprehensive analysis of 145 recent HDB resale transactions in the vicinity. Such empirical data reinforces the reliability of the valuation, pointing towards a stable appreciation trajectory for properties in this desirable area, which is characterized by its vibrant community and accessibility to amenities.