3 Room (3NG) HDB for Rent in 214 Ang Mo Kio Avenue 3

The valuation of the HDB 3 Room unit in Ang Mo Kio, with a remaining lease of 48 years, stands at an estimated value of $286,775, translating to a price per square foot (PSF) of $398. This figure reflects a market price that is consistent with baseline expectations, indicating a 0% difference from prevailing market conditions. However, it is essential to note that the model confidence remains low, suggesting that the valuation may be influenced by various external factors that could affect the demand and supply dynamics in the HDB market.

Analysis of recent transactions in the vicinity, based on five comparable HDB resale transactions, reveals a complex interplay of market trends and lease longevity considerations. The remaining lease of 48 years is a critical factor, as properties with shorter leases typically experience diminished buyer interest and may be subject to greater price volatility. As such, prospective buyers should be cognizant of the potential implications of lease duration on future resale value and overall investment stability in this established residential precinct.