3 Room (3NG) HDB for Sale in 218 Ang Mo Kio Avenue 1

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 49 years, is positioned at an estimated value of $275,796, translating to a price per square foot (PSF) of $383. This figure indicates a significant premium above the market baseline, reflecting a 46.8% variance. Such a deviation suggests heightened buyer interest or unique property attributes that may not be fully represented in recent comparable sales.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only four recent HDB resale transactions within the vicinity. This scarcity of data may introduce variability and uncertainty in predicting future market behavior. As the remaining lease period is a critical factor in HDB valuations, potential buyers should consider the implications of a 49-year lease, particularly in relation to long-term investment value and resale potential. The dynamics of the Ang Mo Kio market, characterized by its strategic location and community amenities, may continue to influence market trends, yet caution is warranted due to the prevailing economic conditions and the specific characteristics of this property.