3 Room (3A) HDB for Sale in 584 Ang Mo Kio Avenue 3

This valuation report focuses on a 3-room HDB property located in Ang Mo Kio, which presents a unique investment opportunity amidst the current market dynamics. With a remaining lease of 51 years, the estimated value is pegged at $388,902, translating to a price per square foot (PSF) of $441. Notably, this valuation is positioned above the market baseline by 22.1%, indicating a premium status within the local real estate landscape.

However, it is crucial to approach this valuation with an understanding of the model confidence level, which is categorized as low. This indicates a potential for fluctuations in market conditions that could impact future valuations. The assessment was informed by recent transactions of four comparable HDB units in the vicinity, which further underscores the need for careful consideration of both current market trends and the implications of the remaining lease period. As leasehold properties in Singapore approach their 30-year mark, buyer sentiment may shift, influencing demand and pricing structures in the long term.