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 51 years, stands at an estimated value of $297,131, translating to a price per square foot (PSF) of $412. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment for properties in this area. The low variance from the baseline indicates that the property is competitively priced relative to recent transactions.

However, it is essential to note that the model confidence for this valuation is rated as low. This is primarily based on the analysis of only six recent HDB resale transactions in the vicinity, which may not provide a comprehensive picture of the market dynamics at play. The remaining lease of 51 years is a critical factor influencing buyer sentiment and investment potential, as properties with shorter leases may face depreciation in value as they approach the end of their lease term. Investors and potential homeowners should, therefore, consider the implications of the lease duration alongside the current market conditions when evaluating this property.