3 Room (3NG) HDB for Sale in 219 Ang Mo Kio Avenue 1

The valuation of the 3-room HDB unit in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $289,870, translating to a price per square foot (PSF) of $402. This valuation is significantly above the market baseline, indicating a remarkable 61.8% premium relative to comparable properties in the area. Such a substantial deviation from the norm highlights the unique market dynamics at play in this sought-after precinct, where demand consistently outstrips supply, particularly for HDB units that are well-located and well-maintained.

Our analysis is grounded in a robust dataset, encompassing 469 recent HDB resale transactions within the vicinity, which bolsters the model's confidence in this valuation assessment. The high confidence level suggests a strong correlation between the estimated value and current market trends, reinforcing the notion that properties in Ang Mo Kio remain highly desirable. As the remaining lease approaches the mid-point of its lifespan, potential buyers may need to weigh the implications of lease decay against the area's enduring appeal. Overall, this valuation serves as an essential indicator of market health and the intrinsic value of HDB living in one of Singapore's well-established neighborhoods.