5 Room (5A) HDB for Sale in 120 Ang Mo Kio Avenue 3

The valuation of the HDB 5-room unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $627,660, translating to a price per square foot (PSF) of $435. This valuation is notably above the market baseline, reflecting a significant 75.3% difference, indicating strong demand and buyer interest in the area despite the diminishing lease term. Such a premium valuation suggests that Ang Mo Kio continues to be a sought-after locale, underscored by its strategic connectivity and established community amenities.

With a high model confidence level, this valuation draws on a robust dataset of 124 recent HDB resale transactions within the vicinity. The analysis indicates a resilient market for HDB properties, particularly in Ang Mo Kio, where factors such as proximity to public transport, quality educational institutions, and recreational facilities contribute to sustained buyer enthusiasm. As the remaining lease decreases, it is crucial for potential buyers to consider not only the immediate value but also the long-term implications of lease expiry in their investment strategy.