3 Room (3STD) HDB for Sale in 174 Ang Mo Kio Avenue 4

In the competitive landscape of Singapore's HDB market, the valuation for the 3 Room HDB in Ang Mo Kio presents a fascinating case study. With an estimated value of $316,294, translating to $490 PSF, this property is positioned above the current market baseline by an impressive 42.3%. Such a significant premium suggests that factors beyond basic square footage and remaining lease are influencing buyer sentiment and pricing dynamics in the area.

Despite the property's remaining lease of 53 years, which typically raises concerns regarding future value depreciation, the elevated pricing indicates a robust demand for HDBs in Ang Mo Kio, a well-regarded residential district known for its accessibility and community amenities. However, it is crucial to note that the model confidence in this valuation is categorized as low, based on a limited dataset of only 7 recent HDB resale transactions in the vicinity. This low confidence level suggests that market fluctuations could significantly impact the property's true value, necessitating careful consideration for potential buyers and investors navigating this dynamic landscape.