3 Room (3A) HDB for Sale in 502 Ang Mo Kio Avenue 5

The valuation of the HDB 3 Room unit in Ang Mo Kio stands at an estimated value of $393,034, translating to a price per square foot of $445. This valuation is notably above the market baseline, reflecting a significant 36.9% difference. Such an elevated valuation suggests that the property is positioned in a desirable segment of the market, potentially driven by factors such as location, amenities, and recent market trends in the vicinity.

However, it is essential to consider the remaining lease of 53 years, which introduces a layer of complexity to the investment potential. The longer the lease, the more attractive a property typically is to prospective buyers; nonetheless, as the lease diminishes, so too may the value. The model confidence for this valuation remains low, underscoring the variability and uncertainty in the current market, which is informed by only two recent HDB resale transactions in the area. This limited data set may not fully encapsulate the broader market dynamics, emphasizing the need for cautious interpretation of this valuation in the context of the evolving Singapore real estate landscape.