5 Room (5I) HDB for Sale in 402 Ang Mo Kio Avenue 10

The valuation of the 5-room HDB property located in the esteemed Ang Mo Kio district, with a remaining lease of 51 years, stands at an estimated value of $516,916 or $404 PSF. This figure is notably positioned above the market average, reflecting a substantial 39.3% difference from the baseline valuation. Such a premium valuation suggests a heightened demand for housing in this area, potentially driven by the district's strategic location, robust amenities, and overall livability, factors that are particularly appealing to families and young professionals alike.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent resale transaction in the vicinity to support this estimate. This scarcity of transactional data may indicate a volatile market environment and emphasizes the need for cautious interpretation of the valuation metrics. Investors and potential homeowners should consider the implications of the remaining lease period as well, since properties with shorter leases may experience diminished interest over time, impacting their resale value in the long run.