3 Room (3NG) HDB for Sale in 558 Ang Mo Kio Avenue 10

The valuation of the 3-room HDB unit in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $292,240, equating to $405 PSF. This valuation is notably positioned above the market, reflecting a staggering 45.4% difference from the baseline, indicative of robust demand and competitive pricing in the current market landscape. Such a premium valuation signals strong buyer sentiment, likely fueled by the strategic location and amenities surrounding the property.

Analysis of the recent HDB resale transactions within the vicinity, totaling eight, provides a foundation for this valuation. The medium confidence level in the model indicates that while the data is reliable, market fluctuations and individual buyer motivations can lead to variances in final sale prices. The remaining lease term of 52 years also plays a significant role in the valuation dynamics, as properties with longer leases typically command higher prices, particularly in a sought-after neighborhood like Ang Mo Kio. Overall, this valuation underscores the importance of localized market insights and the intricacies of leasehold dynamics in shaping property values in Singapore's competitive real estate environment.