5 Room (5A) HDB for Sale in 120 Ang Mo Kio Avenue 3

This valuation report pertains to a 5-room HDB unit located in the highly sought-after district of Ang Mo Kio, currently appraised at approximately $627,660, translating to $435 PSF. With a remaining lease of 51 years, this property presents a compelling investment opportunity, particularly in the context of the current market dynamics. The estimated value is significantly above the market baseline, reflecting a remarkable 75.3% difference, which suggests a robust demand for HDB properties in this region.

The high model confidence rating is based on an extensive analysis of 124 recent HDB resale transactions in the vicinity, indicating that the valuation is well-supported by comparable sales data. Such a premium valuation can be attributed to several factors, including the strategic location of Ang Mo Kio, which offers excellent connectivity and amenities, as well as the long-term appeal of HDB living in Singapore's urban landscape. As the market continues to evolve, this property stands as a testament to the enduring value of well-situated HDB units, even with a remaining lease that may initially appear limiting. Investors and homeowners alike should take note of this valuation as a reflection of both current market trends and future potential.