3 Room (3A) HDB for Rent in 417 Ang Mo Kio Avenue 10

The HDB 3-room property located in Ang Mo Kio, with a remaining lease of 52 years, presents an estimated value of $331,471, translating to a price per square foot (PSF) of $422. This valuation aligns closely with the current market price, indicating a 0% deviation from the baseline, which suggests a stable demand for HDB properties in this established residential enclave. The valuation is based on a careful analysis of six recent resale transactions in the vicinity, providing a robust comparative framework for understanding prevailing market dynamics.

However, it is essential to note that the model confidence for this valuation is categorized as low, which could imply potential fluctuations in demand or value due to various economic factors or shifts in buyer sentiment. The remaining lease of 52 years is a crucial element, as it may influence the willingness of prospective buyers to invest, particularly in a market that increasingly favors properties with longer leases. As such, while Ang Mo Kio remains a desirable location due to its amenities and connectivity, market participants should remain vigilant regarding the evolving landscape of HDB valuations and the implications of lease tenure on property desirability.