3 Room (3I) HDB for Rent in 347 Ang Mo Kio Avenue 3

The valuation of the HDB 3 Room property located in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $303,155, equating to $434 per square foot. This valuation reflects a market price that is in equilibrium, exhibiting a 0% difference from the baseline. The stability in pricing indicates a robust demand-supply balance in the Ang Mo Kio area, which is historically known for its strategic location and well-established amenities.

The model confidence in this valuation is classified as high, supported by a comprehensive analysis of 424 recent HDB resale transactions within the vicinity. This extensive dataset not only reinforces the credibility of the valuation but also highlights the sustained interest in HDB properties in this region, despite the remaining lease of 51 years. As the market continues to evolve, potential buyers and investors should consider the implications of lease duration on future resale prospects, while also acknowledging the strong historical performance of properties in Ang Mo Kio.