3-Room HDB for Room Rent: 220 Ang Mo Kio Avenue 1

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $47,795, translating to $398 per square foot (PSF). This valuation reflects a market signal indicating no significant deviation from the baseline, suggesting a stable demand within this locality. With model confidence rated as high, the assessment draws from an extensive analysis of 225 recent HDB resale transactions in the vicinity, reinforcing the robustness of the valuation.

In the context of Singapore's dynamic property landscape, Ang Mo Kio remains a sought-after residential area, owing to its strategic location and established amenities. The remaining lease of 49 years positions this property attractively, as buyers typically assess the longevity of the lease in relation to potential appreciation and investment viability. Given the current market conditions, the steady price point underscores a balanced interaction between supply and demand, highlighting the resilience of the HDB resale market in this region.