3 Room (3A) HDB for Sale in 502 Ang Mo Kio Avenue 5

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 53 years, is estimated at $393,034, translating to a price per square foot of $445. This valuation indicates a significant market signal, with a premium of 36.9% above the baseline, suggesting that this property is currently positioned above the typical market expectations for similar units in the area.

Despite the attractive valuation, it is important to note that the model confidence is categorized as low, which indicates a degree of uncertainty in the predictive accuracy of this estimate. This valuation is based on a limited dataset, comprising only two recent HDB resale transactions within the vicinity. Such a restricted sample size may not fully capture the broader market dynamics or shifts in buyer sentiment, particularly in a neighborhood like Ang Mo Kio, which is known for its vibrant community and accessibility. Investors and potential buyers should consider these factors when evaluating the desirability and potential future appreciation of this property.