3 Room (3NG) HDB for Sale in 502 Ang Mo Kio Avenue 5

The valuation of the 3-room HDB unit located in Ang Mo Kio, with a remaining lease of 53 years, has been estimated at $325,822 or $445 per square foot (PSF). This valuation is notably positioned above the market baseline, reflecting a substantial 47.3% premium compared to comparable properties. Such a distinct divergence raises intriguing questions about the underlying market dynamics in this vibrant district.

Despite the attractive valuation, it is essential to consider the low model confidence associated with this estimate, which stems from a limited dataset of only four recent HDB resale transactions in the vicinity. This lack of robust transactional data may suggest volatility in buyer sentiment or localized market fluctuations that could impact future resale values. The remaining lease period of 53 years also presents a critical factor; as the lease dwindles, the perceived value and attractiveness of the property may be subject to greater scrutiny by prospective buyers, particularly in a market that increasingly favors new developments with longer leases.