4 Room (4NG) HDB for Sale in 178 Ang Mo Kio Avenue 4

The HDB 4-room property in Ang Mo Kio, with a remaining lease of 53 years, has been appraised at an estimated value of $450,477, translating to a price per square foot of $450. This valuation reflects a significant 31% premium above the baseline market value, indicating a robust demand for this asset class in the area. Such a premium may be attributed to Ang Mo Kio's strategic location, established community infrastructure, and proximity to essential amenities, which enhance the appeal of this residential segment.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset, with only two recent HDB resale transactions in the vicinity serving as comparables. This scarcity of data can lead to potential volatility in the market dynamics, warranting a cautious approach for prospective buyers and investors. The remaining lease period of 53 years may also influence buyer sentiment, as properties with shorter leases tend to attract differing investment strategies. As such, stakeholders should remain vigilant to fluctuations in market conditions that could impact future valuations.