3 Room (3NG) HDB for Sale in 309 Shunfu Road

This valuation report focuses on a 3-room HDB unit located in the highly sought-after district of Ang Mo Kio, which boasts a remaining lease of 57 years. With an estimated value of $356,961, translating to $495 per square foot (PSF), the property demonstrates a robust market positioning. The current valuation reflects a significant premium, showing a striking 47.9% difference above the baseline market price. This premium positioning indicates heightened demand and desirability in the area, suggesting that buyers are willing to pay a premium for the unique advantages offered by this particular unit.

The analysis is grounded in the examination of 95 recent HDB resale transactions in the vicinity, providing a solid foundation for the derived valuation. The model confidence is rated as high, reinforcing the reliability of these findings. Factors contributing to this elevated valuation include the favorable location within Ang Mo Kio, which is well-known for its accessibility and community amenities, as well as the overall stability of the HDB market in Singapore. As such, this property represents not just a home, but a strategic investment opportunity, reflecting the broader dynamics of the Singapore real estate landscape.