3 Room (3NG) HDB for Sale in 605 Ang Mo Kio Avenue 5

The valuation of the 3-room HDB unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $311,096, translating to $431 PSF. This figure indicates a significant market signal, reflecting an appreciation of 37.9% above the baseline, suggesting that the property is currently priced well above the average market rate for similar HDB units in the area.

This elevated valuation is supported by a robust dataset of 401 recent HDB resale transactions in the vicinity, indicating a high level of model confidence. The consistent demand for HDB properties in Ang Mo Kio, a well-established residential hub known for its accessibility and amenities, contributes to this premium pricing. The remaining lease of 53 years, while slightly below the standard duration for HDB leases, is offset by the area's desirability and the potential for future appreciation, making this unit an attractive proposition for discerning buyers seeking long-term investment opportunities.