3 Room (3NG) HDB for Rent in 215 Ang Mo Kio Avenue 1

The valuation of a 3-room HDB unit in Ang Mo Kio, with a remaining lease of 49 years, is estimated at $276,004, translating to a price per square foot (PSF) of $394. This valuation aligns precisely with the market baseline, indicating a stable pricing environment in the locality. Such stability suggests that buyer sentiment remains cautious yet optimistic, reflecting a balanced interaction between supply and demand in the HDB resale market.

However, the model confidence for this valuation remains low, underscoring potential fluctuations in market dynamics. The valuation is grounded in the analysis of three recent HDB resale transactions in the vicinity, which may not fully encapsulate broader market trends or emerging economic factors. The remaining lease of 49 years is a critical consideration, as it impacts buyer perception and long-term investment viability. As lease durations shorten, potential buyers may exhibit increased sensitivity to price changes, which could influence future resale opportunities.