3 Room (3NG) HDB for Rent in 202 Ang Mo Kio Avenue 3

The valuation of the HDB 3 Room property located in Ang Mo Kio, with a remaining lease of 50 years, stands at an estimated value of $298,636, translating to a price per square foot (PSF) of $414. This figure represents a market price that shows no deviation from the baseline, indicating a steady demand despite the diminishing lease term. Such stability in pricing may suggest an equilibrium in market sentiment, where buyers are weighing the long-term implications of lease duration against immediate housing needs.

However, the model confidence for this valuation is classified as low, driven primarily by the limited data available—specifically, only one recent HDB resale transaction in the vicinity has been analyzed. This scarcity of comparable sales makes it challenging to draw robust conclusions regarding market trends. As the lease period shortens, potential buyers may become increasingly cautious, necessitating a closer examination of market dynamics and buyer sentiment in the area. Investors and homeowners alike should consider these factors when evaluating property prospects in Ang Mo Kio, particularly in the context of the broader HDB market landscape.