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, assessed at an estimated value of $393,034, reflects a significant market signal characterized as "Above Market," with a striking 36.9% variance from the baseline. This elevated valuation is primarily influenced by the remaining lease of 53 years, which may appeal to buyers seeking long-term occupancy in a matured estate. The Ang Mo Kio district is known for its robust community amenities and proximity to public transportation, factors that contribute to sustained interest in HDB properties within this locale.

However, it is noteworthy that the model confidence for this valuation is categorized as low, indicating potential volatility in the pricing framework. This assessment is based on only two recent resale transactions in the vicinity, which may not provide a comprehensive representation of the current market dynamics. As such, prospective buyers should exercise caution and consider broader market trends alongside this valuation, particularly as the remaining lease length could influence future resale potential and buyer sentiment in the evolving real estate landscape of Singapore.