3 Room (3NG) HDB for Sale in 308 Shunfu Road

The recent valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 58 years, stands at an estimated value of $381,275, translating to a price per square foot (PSF) of $529. This valuation is notably positioned above the market baseline, reflecting a substantial 42.9% premium compared to comparable sales in the area. Such a significant variance indicates strong demand dynamics and buyer sentiment within this established residential precinct, which is characterized by its accessibility and robust community amenities.

Our analysis, grounded in 38 recent HDB resale transactions within the vicinity, exhibits a high level of confidence in this valuation model. The premium pricing can be attributed to several factors, including the strategic location of Ang Mo Kio, which is well-connected by public transport and offers a myriad of lifestyle conveniences. Furthermore, the remaining lease of 58 years still provides ample time for potential buyers, appealing to both investors and owner-occupiers alike. As the landscape of HDB properties continues to evolve, this valuation underscores the ongoing market resilience and the growing interest in properties with favorable lease terms in prime districts.