5 Room (5A) HDB for Sale in 228A Ang Mo Kio Street 23

The valuation of the HDB 5-room unit in Ang Mo Kio, with a remaining lease of 93 years, stands at an estimated value of $1,339,734, translating to $1,037 PSF. This valuation reflects a market signal exhibiting a 3% difference from the baseline, indicating a stable demand within this well-established residential enclave. Ang Mo Kio is known for its rich array of amenities, accessibility, and strong community ties, which continue to underpin property values in the area.

Our analysis is based on recent trends, drawing insights from 9 comparable HDB resale transactions in the vicinity. While the model confidence remains at a medium level, the consistency in transaction activity suggests that buyers are actively engaging in the market, potentially driven by the proximity to essential services and public transport. The remaining lease of 93 years further enhances the attractiveness of this property, as it provides buyers with a substantial duration of tenure, allowing for both personal habitation and investment potential. As such, this valuation not only reflects the current market conditions but also positions the property favorably for future appreciation in value.