5 Room (5I) HDB for Sale in 228A Ang Mo Kio Street 23

The valuation of the HDB 5 Room unit in Ang Mo Kio, with a remaining lease of 93 years, stands at an estimated value of $1,274,352, translating to a price per square foot (PSF) of $1,048. This valuation reflects a market price that is 2.8% higher than the baseline, indicating a slight upward trend in property values within this sought-after district. The robust demand for HDB properties in Ang Mo Kio is driven by its strategic location, comprehensive amenities, and strong community appeal, making it a prime area for potential homeowners and investors alike.

Our confidence in this valuation is categorized as medium, based on a thorough analysis of 14 recent HDB resale transactions within the vicinity. This dataset not only underscores the prevailing market dynamics but also highlights the competitive landscape as buyers increasingly seek quality living spaces with longer remaining leases. The 93-year remaining lease on this property adds significant value, as it assures prospective buyers of a stable and secure investment for years to come. As the market continues to evolve, it will be crucial to monitor shifts in buyer sentiment and economic factors that may influence HDB pricing in this vibrant neighborhood.