3 Room (3NG) HDB for Sale in 646 Ang Mo Kio Avenue 6

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 53 years, has been estimated at $347,123, translating to a price per square foot (PSF) of $430. This valuation reflects a significant market signal, with the property commanding an estimated value that is 31.9% above the baseline pricing in the area. Such a premium indicates robust demand and desirability for HDB units in this strategically located neighborhood, which boasts excellent amenities and transport connectivity.

Our model exhibits a high degree of confidence in this valuation, supported by an analysis of 402 recent HDB resale transactions in the vicinity. The sustained interest in Ang Mo Kio is indicative of its continued appeal among homebuyers, particularly in the context of a tightening housing supply and a recovering economy. As the market for HDB properties evolves, this valuation highlights not only the strength of the local real estate dynamics but also the potential for further appreciation, given the remaining lease and the established neighborhood character.