3 Room (3I) HDB for Rent in 170 Ang Mo Kio Avenue 4

The valuation of the HDB 3-room property located in Ang Mo Kio, with a remaining lease of 59 years, stands at an estimated value of $421,266, translating to a price per square foot (PSF) of $568. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand in the area. However, the model confidence level is rated as low, suggesting that the current valuation may be influenced by factors that are not fully captured by the recent sales data.

Analysis of the local market dynamics reveals a relatively tight range of pricing among comparable HDB transactions, with only five recent sales serving as a basis for this valuation. As the remaining lease diminishes, potential buyers may exhibit heightened sensitivity to lease duration, which could impact future resale values. It is essential for stakeholders to monitor market trends closely, as fluctuations in buyer sentiment and macroeconomic conditions could lead to shifts in HDB market conditions within Ang Mo Kio. The current stability in pricing, coupled with the low confidence rating, suggests that while the property maintains its value, prospective investors should remain vigilant to emerging market signals.