3 Room (3NG) HDB for Rent in 211 Ang Mo Kio Avenue 3

The valuation of the HDB 3-room property located in Ang Mo Kio, with a remaining lease of 53 years, has been estimated at $297,148, translating to a price per square foot (PSF) of $406. This figure reflects a market price that is in equilibrium, exhibiting a 0% difference from the baseline. Such stability indicates a balanced supply-demand dynamic in this mature estate, which is characterized by its accessibility and community amenities, making it a sought-after location for families and young professionals alike.

However, the model confidence for this valuation is categorized as low, suggesting potential volatility or uncertainty in the market conditions. This is particularly relevant given that the estimation is derived from only five recent HDB resale transactions in the vicinity. As such, prospective buyers and investors should approach this valuation with a degree of caution, considering the implications of the remaining lease duration, which may influence future resale potential and the overall investment yield. In summary, while the property holds its ground in terms of market value, the dynamics of the HDB landscape necessitate careful consideration of lease longevity and surrounding market trends.