2 Room (2I) HDB for Sale in 508 Ang Mo Kio Avenue 8

The valuation of the HDB 2 Room unit in Ang Mo Kio, estimated at $261,016 or $552 PSF, underscores a significant market signal, indicating an above-market valuation by 34.1% compared to established baseline metrics. This premium reflects the unique dynamics of the Ang Mo Kio area, which has historically shown resilience and desirability among prospective homeowners. With a remaining lease of 53 years, the property appeals to buyers who are increasingly willing to pay a premium for quality locations that promise both lifestyle and investment potential.

However, the model confidence for this valuation is classified as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may signal potential volatility and underscores the necessity for cautious evaluation. As the market evolves, ongoing monitoring of transaction trends in Ang Mo Kio will be essential to ascertain the sustainability of this premium pricing and the implications for future resale values. Buyers should consider both the leasehold duration and the broader market sentiment as they navigate their investment decisions in this vibrant district.