3 Room (3NG) HDB for Sale in 417 Ang Mo Kio Avenue 10

In the vibrant district of Ang Mo Kio, the valuation for a 3-room HDB unit reflects a complex interplay of market dynamics and residual lease considerations. With an estimated value of $336,110, translating to a price per square foot (PSF) of $422, this property showcases a notable premium, standing 30.9% above the baseline market valuation. Such a significant deviation indicates heightened demand or desirability factors influencing buyer sentiment in the area.

However, it is crucial to note that the remaining lease of 52 years introduces a level of uncertainty in the valuation, as properties with shorter leases often experience diminished appeal among potential buyers. The model confidence is classified as low, given the reliance on only six recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of the current market landscape. As the Ang Mo Kio region continues to evolve, monitoring these dynamics will be essential for prospective buyers and investors seeking to navigate the intricacies of the HDB resale market.