3 Room (3NG) HDB for Sale in 538 Ang Mo Kio Avenue 5

The valuation of the HDB 3 Room unit located in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $313,438, equating to $428 PSF. This price reflects a substantial market signal, categorizing the property as above market by 27.3% when compared to the baseline. Such a premium suggests a strong demand for housing in this sought-after district, often characterized by its proximity to amenities, schools, and transportation hubs.

With a model confidence rating of medium, this valuation is supported by a detailed analysis of 9 recent HDB resale transactions within the vicinity. The elevated price point not only underscores the desirability of Ang Mo Kio but also highlights the dynamics of the HDB market, where properties with a longer remaining lease tend to command higher premiums. Investors and potential buyers should carefully consider the implications of the remaining lease, as it plays a vital role in long-term investment viability and market perception.