3 Room (3NG) HDB for Sale in 119 Ang Mo Kio Avenue 3

The valuation of the HDB 3 Room unit in Ang Mo Kio, with a remaining lease of 50 years, stands at an estimated value of $308,984, translating to $429 PSF. This assessment indicates a significant premium over the baseline market value, with a striking 45.6% differential. Such a valuation places this property above the prevailing market signals, suggesting an anomaly that warrants further investigation.

However, it is essential to note the low confidence level associated with this model, which is derived from only three recent HDB resale transactions in the vicinity. This limited dataset can lead to variability in valuation accuracy, particularly in a dynamic market like Singapore's, where factors such as lease tenure, location desirability, and macroeconomic trends play pivotal roles. The remaining 50-year lease also introduces considerations regarding future marketability and affordability, key factors for potential buyers in assessing long-term investment viability.