3 Room (3NG) HDB for Rent in 505 Ang Mo Kio Avenue 8

The current valuation for the HDB 3 Room unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $328,594, translating to $450 PSF. This valuation reflects a market price that is consistent with the baseline, indicating no significant deviations in pricing trends within the local market. Such stability in pricing suggests a balanced demand and supply scenario, which is further corroborated by recent resale transactions in the vicinity.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only two recent transactions that informed this estimate. This factor implies that while the valuation is grounded in current market activity, it may be susceptible to fluctuations arising from broader market dynamics or shifts in buyer sentiment. Buyers and investors should exercise caution and conduct further due diligence, particularly considering the remaining lease duration which plays a crucial role in HDB valuation and future resale potential.