4 Bed Terraced House (Landed) for Sale in Jalan Ikan Merah

The recent valuation of the HDB 4-room property located in Ang Mo Kio, with a remaining lease of 75 years, stands at an impressive estimated value of $1,103,242, translating to a price per square foot (PSF) of $735. This valuation emerges from comprehensive analysis and modeling, reflecting a robust confidence level in the findings, which is rated as high. Such a valuation illustrates the strong demand and desirability of properties in this well-established residential district.

Notably, the property is currently assessed above market, with a substantial 307.9% difference from the baseline value. This significant premium indicates a competitive real estate environment, underscored by the recent trends observed in over 500 resale transactions within the vicinity. Factors contributing to this elevated market signal include the strategic location of Ang Mo Kio, coupled with the remaining lease duration that offers potential buyers a substantial period of tenure. As HDB properties in Singapore continue to be an attractive investment avenue, this valuation exemplifies the dynamic interplay of supply and demand in the current market landscape.