Executive HDB for Sale in 602 Ang Mo Kio Avenue 5

The valuation of the HDB Executive unit in Ang Mo Kio, currently estimated at $868,018 or $495 PSF, reflects a noteworthy market signal that positions it above the baseline by 49.8%. This premium pricing is indicative of the robust demand for HDB properties in this sought-after locale, particularly given the remaining lease of 53 years. The Ang Mo Kio district, known for its strategic proximity to essential amenities and excellent transport links, continues to attract buyers, thus allowing for higher valuations than the average market rates.

Our analysis is supported by a comprehensive review of 13 recent HDB resale transactions within the vicinity, which reinforces the model's confidence rating at a medium level. While the elevated valuation suggests a strong buyer interest, it is essential to consider the potential implications of the remaining lease period on future resale value. Properties with shorter leases can face depreciation concerns, yet the Ang Mo Kio area demonstrates resilience, buoyed by its desirability and historical price stability. As such, this property reflects an intriguing opportunity for investors looking to capitalize on the enduring appeal of HDB living in Singapore.