3 Room (3NG) HDB for Sale in 213 Ang Mo Kio Avenue 3

The HDB 3-room property located in Ang Mo Kio presents a unique investment opportunity, particularly notable for its remaining lease of 48 years. Currently valued at approximately $271,074, translating to $376 per square foot, the estimated value reflects a significant premium of 51.2% above the baseline market price. This elevated valuation indicates robust demand for such properties within the vicinity, despite the relatively shorter lease term compared to the average HDB tenure.

However, it is important to note that the model confidence for this valuation is classified as low, suggesting potential volatility and uncertainty in market dynamics. The valuation is based on three recent HDB resale transactions in the area, which may not fully encapsulate broader market trends. Investors should consider the implications of the remaining lease term on long-term value appreciation and marketability, especially in a market where lease decay is an increasingly critical factor in property valuation.