3 Room (3NG) HDB for Sale in 331 Ang Mo Kio Avenue 1

The valuation of the 3-room HDB property in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $320,573, translating to a price per square foot of $439. This valuation is notably positioned above the market average, reflecting a significant premium of 24.8% compared to the baseline. Such a disparity indicates robust demand dynamics within the Ang Mo Kio region, often characterized by its well-established infrastructure and proximity to amenities, which continues to attract discerning buyers.

It is important to note, however, that the model confidence for this valuation is classified as low. This suggests that while recent transactions in the vicinity provide a framework for assessment, potential fluctuations in buyer sentiment and market conditions could impact the validity of this valuation. Additionally, with only three recent HDB resale transactions serving as the foundation for this estimate, the limited dataset may not fully capture the intricate nuances of the local market. As such, stakeholders should approach this valuation with a degree of caution, recognizing the interplay of lease tenure, market dynamics, and the inherent variability of property valuations in Singapore's competitive landscape.