3 Room (3I) HDB for Sale in 22 Sin Ming Road

The valuation of the 3-room HDB unit in Ang Mo Kio, with a remaining lease of 46 years, stands at an estimated value of $268,443, translating to $367 PSF. This valuation signals a notable market performance, with an estimated value that is 34.1% above the baseline, indicating a strong demand for HDB properties in this region. Such a premium suggests that buyer sentiment remains robust, reflecting the desirability of Ang Mo Kio as a residential hub.

The high model confidence associated with this valuation is bolstered by an analysis of 24 recent HDB resale transactions within the vicinity. This data provides a solid foundation for the valuation, indicating a consistent upward trend in property values in the area. The remaining lease of 46 years, while significant, does not appear to deter buyer interest, suggesting that Ang Mo Kio's strategic location, coupled with its amenities and community infrastructure, continues to drive market activity. This reinforces the notion that well-located HDB units can command a premium, even with a shorter remaining lease compared to newer developments.