3 Room (3I) HDB for Sale in 220 Ang Mo Kio Avenue 1

The valuation of the 3-room HDB unit in Ang Mo Kio, with a remaining lease of 49 years, is estimated at $272,282, translating to a price per square foot (PSF) of $377. This valuation indicates a significant market signal, as it exceeds the baseline value by 102%, suggesting that the property is positioned above market expectations. Such a premium can be attributed to a combination of factors including the desirability of the Ang Mo Kio location, which is known for its vibrant community amenities and transport connectivity, making it an attractive choice for potential homeowners and investors alike.

However, it is crucial to note the model confidence for this valuation is low, primarily due to the reliance on only one recent resale transaction in the vicinity. This limited data point may not adequately reflect the broader market dynamics or fluctuations. As the remaining lease diminishes, it may affect future resale potential. Investors should consider these leasehold dynamics and market conditions carefully, as the interplay between the remaining lease and overall market sentiment can significantly influence property values in the long term.