3-Room HDB for Room Rent: 202 Ang Mo Kio Avenue 3

The HDB 3 Room property located in Ang Mo Kio, with a remaining lease of 49 years, presents a valuation of approximately $40,993, translating to a price per square foot (PSF) of $410. This valuation reflects a market equilibrium, as indicated by a 0% difference from the baseline price. Such stability in pricing suggests that the property is well-positioned within its market segment, appealing to both first-time homebuyers and seasoned investors seeking to capitalize on the established neighborhood dynamics.

The confidence in this valuation is notably high, grounded in a robust analysis of 469 recent HDB resale transactions in the vicinity. This extensive data set underscores the resilience of the Ang Mo Kio market, where demand remains steady despite the property's remaining lease. The 49-year lease term is a critical factor, influencing buyer sentiment and pricing strategies. As urban development continues to evolve, properties such as this one are likely to maintain desirability, particularly given Ang Mo Kio's reputation for excellent amenities and accessibility. Investors and homeowners should consider these dynamics in their property acquisition strategies.