3 Room (3I) HDB for Rent in 22 Sin Ming Road

The valuation of the 3-room HDB unit located in Ang Mo Kio, with a remaining lease of 46 years, stands at an estimated value of $55,579, translating to a price per square foot (PSF) of $371. This valuation indicates a stable market positioning, as the estimated value aligns with the baseline market price, reflecting a 0% deviation. Such stability suggests a balanced demand and supply dynamic in this mature residential precinct, further underscored by the recent performance of comparable properties.

Analysis of the local market reveals that this valuation is grounded in a comprehensive review of 15 recent HDB resale transactions within the vicinity. The medium confidence level indicates a reasonable degree of predictability in this assessment, bolstered by the consistency of resale prices in the area. As Ang Mo Kio continues to maintain its appeal due to its strategic location and established community infrastructure, this HDB unit stands as a noteworthy prospect for both owner-occupiers and investors seeking to capitalize on the enduring value of public housing in Singapore.