3 Room (3NG) HDB for Sale in 462 Ang Mo Kio Avenue 10

The valuation of the HDB 3-room property located in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $315,304, translating to a price per square foot of $431. This valuation indicates a notable premium over the baseline market price, boasting a 39.2% difference. Such a significant markup signals a strong demand in the Ang Mo Kio area, which is historically known for its strategic location and vibrant community amenities.

However, it is crucial to note that the model's confidence in this valuation is categorized as low, primarily due to the reliance on only one recent resale transaction within the vicinity. This scarcity of comparable sales data can lead to volatility in pricing, particularly for properties with a shorter remaining lease. Investors and potential buyers should consider the implications of the remaining lease on long-term value retention and resale potential, as market dynamics in Singapore's HDB sector can be heavily influenced by factors such as lease duration and the overall economic climate.