3 Room (3NG) HDB for Sale in 576 Ang Mo Kio Avenue 10

The subject HDB 3-room flat located in Ang Mo Kio, with a remaining lease of 51 years, has been appraised at an estimated value of $307,735, translating to a price per square foot (PSF) of $427. This valuation indicates a significant market signal, with the property priced 36.5% above the baseline. Such a premium valuation suggests that buyers are willing to pay a higher price for the unique attributes of this unit, which may include its strategic location, amenities, and the overall desirability of the Ang Mo Kio estate.

Our analysis is backed by a robust dataset comprising 469 recent HDB resale transactions in the vicinity, which enhances the reliability of this valuation. The model confidence is rated as high, reflecting the strength of the data and the consistency of the market trends observed in Ang Mo Kio. Given the remaining lease of 51 years, potential buyers should consider the implications of lease duration on property value as well as the dynamics of the HDB market, which remains resilient amidst shifting economic conditions. This property, therefore, stands as a compelling investment opportunity for discerning buyers seeking to capitalize on the vibrancy of the local real estate landscape.