3 Room (3I) HDB for Sale in 22 Sin Ming Road

The valuation of the 3-room HDB unit located in the highly sought-after district of Ang Mo Kio stands at an estimated value of $271,228, translating to a price per square foot of $371. With a remaining lease of 46 years, this property presents a unique opportunity for potential buyers, particularly given the strong community infrastructure and accessibility that Ang Mo Kio offers. The valuation reflects a significant market signal, indicating that this property is priced 36.4% above the baseline market value for similar units in the vicinity.

This premium pricing can be attributed to a combination of factors, including the property’s strategic location and the limited availability of larger HDB units within the area, which has driven demand among prospective homeowners. Our analysis, based on 15 recent HDB resale transactions in the vicinity, shows a medium confidence in the valuation model, suggesting that while the unit is priced above market, the demand dynamics in Ang Mo Kio support this elevated valuation. As the HDB market continues to evolve, this property stands as a testament to the ongoing desirability of living in a mature estate with robust amenities and connectivity.