3 Room (3A) HDB for Sale in 313 Shunfu Road

The HDB 3-room property located in Ang Mo Kio, with a remaining lease of 57 years, presents an estimated value of $350,757, translating to $486 per square foot (PSF). This valuation places the property significantly above the market baseline, with a notable 42.5% divergence. Such a premium valuation indicates a strong demand for HDB units in this mature estate, which is often characterized by its well-established amenities and proximity to key infrastructure.

Analyzing the market dynamics, the model confidence for this valuation is categorized as medium, supported by a comparative study of eight recent HDB resale transactions in the vicinity. This suggests an active market, albeit with variability in buyer sentiment and transaction prices. The substantial difference from the baseline underscores the desirability of Ang Mo Kio as a residential locale, driven by its connectivity and community features. Investors and homebuyers alike should consider the implications of the remaining lease, as it plays a critical role in the long-term value retention and appreciation potential of the property.