3-Room HDB for Room Rent: 605 Ang Mo Kio Avenue 5

The valuation of the HDB 3-room unit in Ang Mo Kio presents a compelling opportunity for both investors and homeowners alike. With a remaining lease of 53 years, the property has been appraised at an estimated value of $56,188, translating to a value per square foot (PSF) of $432. This valuation reflects a stable market position, as indicated by the market price being at a 0% difference from the baseline, suggesting a balanced demand and supply in the area.

Our analysis is grounded in robust market data, with insights drawn from 403 recent HDB resale transactions in the vicinity, reinforcing a model confidence rating of high. The current lease duration plays a critical role in influencing buyer sentiment, particularly in a market that increasingly values longevity and investment potential in leasehold properties. As Ang Mo Kio continues to evolve as a desirable residential hub, the consistent pricing signals indicate a resilient demand, making this HDB unit an attractive proposition in a competitive landscape.