3 Room (3NG) HDB for Sale in 313 Shunfu Road

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 57 years, reflects a notable market signal that indicates a premium positioning in the current real estate landscape. With an estimated value of $350,757, equating to $486 per square foot (PSF), this property is positioned 42.5% above the market baseline. Such a significant variance suggests strong demand dynamics within the Ang Mo Kio area, which is historically known for its accessibility and community amenities.

This valuation is derived from an analysis of eight recent HDB resale transactions in close proximity, providing a reliable comparative basis, albeit with a medium level of model confidence. The elevated price point could be attributed to various factors, including the desirability of the neighbourhood, proximity to essential services, and the inherent value of living in a well-established estate. Additionally, the remaining lease of 57 years suggests a balance between long-term tenure and investment potential, making this property attractive to both homeowners and investors looking for stable appreciation in a resilient market.