3-Room HDB for Room Rent: 128 Ang Mo Kio Avenue 3

The valuation of the 3-room HDB in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $89,030, translating to a price per square foot (PSF) of $445. This valuation is indicative of the current market dynamics, reflecting a stable market price with a 0% difference from the baseline. Such stability suggests that the property is priced appropriately in relation to its immediate surroundings and current economic conditions.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction available for comparative analysis in the vicinity. This scarcity of transactional data can potentially skew the valuation, making it imperative for prospective buyers and investors to exercise caution. The relatively long remaining lease of 51 years may also impact future appreciation potential, particularly as lease decay becomes a consideration in the HDB market. Overall, while the valuation reflects current market conditions, stakeholders should remain vigilant regarding lease longevity and market trends.