3 Room (3STD) HDB for Sale in 504 Ang Mo Kio Avenue 8

The HDB 3-room property located in Ang Mo Kio, with a remaining lease of 52 years, has been appraised with an estimated value of $318,587, translating to a price per square foot (PSF) of $435. This valuation is notably positioned above the market average, reflecting a substantial 53.2% difference from the baseline. Such a premium suggests that this unit is highly sought after, likely due to its desirable location and the overall demand for HDB properties in this vibrant district.

Market dynamics in Ang Mo Kio indicate a robust interest in HDB units, supported by data from 467 recent resale transactions in the vicinity, which enhances the confidence level of this valuation to high. The remaining lease of 52 years, while less than the typical 99-year leasehold, does not seem to deter buyers, likely due to Ang Mo Kio's strong community infrastructure, accessibility to public transport, and proximity to essential amenities. As a result, this property stands as a compelling investment opportunity in a competitive market.