3 Room (3A) HDB for Sale in 182 Ang Mo Kio Avenue 5

The valuation of the HDB 3-room flat in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $299,386, translating to a price per square foot (PSF) of $415. This valuation is notably positioned above the market baseline by 33.3%, indicating a strong demand for properties in this locality despite the shorter lease term. Such a premium can often be attributed to several factors, including the coveted location within Ang Mo Kio, which is well-regarded for its amenities, accessibility, and community vibrancy.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data set available, consisting of only four recent HDB resale transactions in the vicinity. This scarcity of comparable sales can introduce variability in the valuation outcomes, suggesting that while the property exhibits characteristics that may justify its elevated price point, potential buyers should approach with caution. As the market dynamics continue to evolve, particularly surrounding the implications of lease decay, it will be crucial for stakeholders to monitor both local and broader economic trends that could influence future resale values.