4-Room HDB for Room Rent: 428 Ang Mo Kio Avenue 3

The valuation of the HDB 4-room unit in Ang Mo Kio, set at an estimated value of $75,119, reflects a price per square foot (PSF) of $417. With a remaining lease of 51 years, this property presents a unique opportunity within a well-established residential enclave. Our analysis indicates that the current market price aligns closely with the baseline, showing a 0% difference, which suggests a stable pricing environment in the vicinity. This equilibrium indicates a balanced demand and supply scenario, attracting both first-time buyers and investors looking to capitalize on the enduring appeal of this mature estate.

Based on an extensive review of 271 recent HDB resale transactions in the area, the model confidence in this valuation is deemed high. The data underscores the resilience of Ang Mo Kio's property market, where long-term leasehold properties remain desirable despite the reduced lease term. The area's strategic location, coupled with robust infrastructure and amenities, enhances the desirability of HDB units, making it a prime consideration for prospective buyers. As market dynamics continue to evolve, this valuation serves as a critical benchmark for stakeholders navigating the competitive landscape of Singapore's real estate sector.