3 Room (3NG) HDB for Rent in 328 Ang Mo Kio Avenue 3

The subject property, a 3-room HDB unit located in the well-established Ang Mo Kio estate, presents a valuation of approximately $338,392, translating to a per square foot (PSF) price of $431. With a remaining lease of 51 years, this asset is positioned within a mature neighbourhood, which typically commands a certain level of stability in pricing. However, the current estimated value reflects a market signal of 0% difference from baseline, indicating that the property is effectively priced in line with recent market trends.

It is crucial to note that the model confidence for this valuation is categorized as low, which suggests that external factors may be influencing the market dynamics more significantly than usual. The analysis is derived from five recent HDB resale transactions in the vicinity, providing a foundational context for understanding the local market conditions. As lease duration is a critical factor in HDB valuations, the remaining 51 years of leasehold may play a pivotal role in buyer sentiment and investment appeal. Buyers should remain cognizant of the potential implications of lease maturity on future resale value as market conditions continue to evolve.