3 Room (3I) HDB for Rent in 24 Sin Ming Road

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 46 years, stands at an estimated value of $276,885, translating to a price per square foot (PSF) of $369. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB units in this well-established residential precinct. The Ang Mo Kio area remains a sought-after locale due to its strategic location, well-developed amenities, and robust transport connectivity, all of which contribute to the sustained interest in HDB properties.

With a model confidence rating of medium, the analysis is backed by data from 18 recent HDB resale transactions in the vicinity. This dataset provides a reliable foundation for understanding current market dynamics and pricing trends. It is essential to consider the implications of the remaining lease duration on the property’s long-term value, as HDB flats typically see depreciation in value as the lease shortens. However, with 46 years remaining, this unit is positioned favorably within the market, allowing for an attractive proposition for both homeowners and investors alike, particularly in a neighborhood that continues to attract young families and professionals.