3 Room (3I) HDB for Sale in 577 Ang Mo Kio Avenue 10

The HDB 3-room unit located in Ang Mo Kio, with a remaining lease of 52 years, has been appraised at an estimated value of $383,872, translating to approximately $435 per square foot. This valuation is notably positioned above the market average, reflecting a substantial 40.2% premium from the baseline value. Such a significant deviation indicates a robust demand for properties within this precinct, which is corroborated by the recent analysis of 467 resale transactions in the vicinity.

The elevated valuation can be attributed to several factors inherent to Ang Mo Kio, including its strategic location, accessibility to public transport, and proximity to essential amenities. The remaining lease of 52 years provides a balanced outlook for potential buyers, as it allows for a substantial remaining tenure while still appealing to those seeking investment opportunities in a well-established residential area. With a high model confidence rating, this valuation underscores the strength of the market dynamics at play and the desirability of HDB properties in this locale.