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

The valuation of the HDB 5-room unit located 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 robust market signal, indicating a premium above the baseline by 5.9%. Such a valuation suggests that the property is highly sought after, likely due to its strategic location and the amenities that Ang Mo Kio has to offer.

Analyzing the market dynamics, the estimated value is derived from a comprehensive assessment of 14 recent HDB resale transactions in the vicinity. The model confidence is rated as medium, indicating some variability in the market but reinforcing the belief that the property holds significant value within the current landscape. The remaining lease of 93 years adds to its attractiveness, as properties with longer leases tend to command better prices, especially in a market that is observing a gradual recovery and increasing buyer interest.