3 Room (3NG) HDB for Sale in 119 Ang Mo Kio Avenue 3

The valuation of the HDB 3 Room property in Ang Mo Kio, with a remaining lease of 50 years, stands at an estimated value of $301,702, translating to a price per square foot (PSF) of $418. This valuation positions the property significantly above the market baseline, reflecting an impressive 59.1% premium. Such a marked divergence from the average market value indicates a robust demand for HDB properties in the Ang Mo Kio region, driven by its strategic location and the desirability of the neighborhood.

The high model confidence rating, supported by analysis of 467 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. As the market continues to navigate through various economic factors, the remaining lease of 50 years highlights a critical component of investment considerations for potential buyers. The extended lease term assures a degree of longevity, appealing to first-time buyers and families seeking stability in a thriving community. In conclusion, this property offers not only a competitive valuation but also a compelling opportunity within the current HDB market landscape in Singapore.