3 Room (3I) HDB for Rent in 523 Ang Mo Kio Avenue 5

The HDB 3-room property located in Ang Mo Kio, with a remaining lease of 53 years, presents a valuation of approximately $444,524, translating to a price per square foot (PSF) of $503. This valuation is particularly noteworthy as it aligns with the baseline market price, indicating a stable demand within this segment of the housing market. The absence of a percentage difference from the baseline suggests a balanced equilibrium, reflecting the current market dynamics where buyers and sellers are in a state of agreement regarding property values.

However, it is crucial to highlight that the model confidence for this valuation is categorized as low, stemming from the analysis of only four recent HDB resale transactions within the vicinity. This limited dataset may not fully encapsulate the broader market trends or shifts that could influence future valuations. As such, potential buyers and investors should approach this property with a keen understanding of the implications of a 53-year lease, particularly in the context of long-term investment horizons and the evolving landscape of HDB resale properties in Singapore.