3 Room (3NG) HDB for Sale in 502 Ang Mo Kio Avenue 5

The HDB 3 Room property located in Ang Mo Kio, with a remaining lease of 53 years, presents a valuation of approximately $325,822, translating to a price per square foot (PSF) of $445. This valuation, however, signals a notable deviation from the established market baseline, reflecting an above market position with a significant 47.3% difference. This premium pricing suggests a strategic positioning within the market, possibly influenced by factors such as location desirability, recent upgrades in the surrounding infrastructure, or specific buyer sentiment favoring the Ang Mo Kio precinct.

Despite the elevated valuation, it is crucial to note the low model confidence associated with this estimate. This designation stems from the analysis of merely four recent HDB resale transactions in the vicinity, which may not provide a comprehensive representation of the prevailing market dynamics. As such, potential buyers and investors should approach this valuation with caution, considering both the longevity of the lease and the current market trends that could impact future resale values. Overall, while the property exhibits attractive features, the lease term and market fluctuations warrant careful consideration in any purchasing decision.