3 Room (3I) HDB for Sale in 172 Ang Mo Kio Avenue 4

The valuation of the HDB 3 Room in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $323,759, translating to a price per square foot (PSF) of $501. This valuation reflects a significant market signal, indicating an above-market position with a striking 39% difference from the established baseline. Such a deviation suggests that the property is currently commanding a premium due to various localized factors, including demand dynamics and recent sales trends in the area.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which indicates potential uncertainties in the data and market conditions. The valuation is derived from a limited dataset, comprising only four recent HDB resale transactions in the vicinity. This small sample size may not adequately capture the broader market trends, thereby warranting caution for potential investors and buyers. The remaining lease of 53 years further complicates the valuation, as properties with shorter leases may face challenges in attracting buyers, particularly in a market that increasingly favors longer lease tenures.