3 Room (3I) HDB for Rent in 650 Ang Mo Kio Street 61

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 88 years, stands at an estimated value of $737,958, equivalent to $1,024 PSF. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference from the expected market trend. Such stability in pricing suggests that the property is maintaining its value well amidst the fluctuating dynamics of the real estate market.

Despite the favorable location of Ang Mo Kio, the model confidence for this valuation is classified as low, primarily due to the limited dataset of only four recent HDB resale transactions in the vicinity. This lack of robust transactional data may limit the accuracy of predictive market models, suggesting that potential buyers should exercise caution. The remaining lease of 88 years could also play a significant role in the investment decision, as properties with shorter leases may face depreciation concerns over time. Thus, while the current valuation appears stable, prospective investors should carefully consider both the lease duration and market conditions before proceeding.