3 Room (3I) HDB for Sale in 170 Ang Mo Kio Avenue 4

The valuation of the HDB 3 Room unit located in Ang Mo Kio, with a remaining lease of 59 years, has been estimated at $372,440 or $568 PSF. This valuation indicates a significant market signal, with the estimated value surpassing the baseline by 21.6%. Such a premium suggests heightened demand for HDB properties in this area, reflecting a robust interest from buyers seeking quality living environments within a well-connected district.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which implies that the data supporting this estimate is less reliable. The valuation is based on a limited analysis of just five recent HDB resale transactions in the vicinity. While these transactions provide valuable insights, the low confidence level signals the potential for volatility in pricing, particularly given the property’s remaining lease. Prospective buyers and investors should consider the implications of lease duration on long-term value retention, as properties with shorter leases may face challenges in appreciation compared to their freehold counterparts.