3 Room (3NG) HDB for Sale in 304 Shunfu Road

The valuation of the HDB 3 Room property in Ang Mo Kio, with a remaining lease of 58 years, has been estimated at $380,386, translating to a price per square foot (PSF) of $528. This valuation is indicative of a robust market position, as it stands 38.8% above the baseline market value, signaling strong demand and willingness among buyers to invest in this locality. Such a significant premium suggests that the property is highly sought after, driven by factors such as its strategic location, accessibility to amenities, and the overall desirability of the Ang Mo Kio district.

Our assessment is bolstered by a high model confidence level, derived from an analysis of 42 recent HDB resale transactions within the vicinity. This comprehensive data set not only enhances the reliability of our valuation but also highlights the competitive landscape of the current HDB market. The remaining lease of 58 years adds another layer of appeal, as it provides prospective buyers with a substantial duration of ownership, which is particularly attractive in a vibrant area like Ang Mo Kio. As the property market continues to evolve, this valuation serves as a benchmark for similar properties in the region, reflecting the prevailing dynamics and trends that influence buyer behavior in Singapore's residential real estate sector.