3 Room (3NG) HDB for Rent in 23 Sin Ming Road

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 46 years, stands at an estimated value of $241,564, translating to an approximate price per square foot of $372. This valuation reflects a stable market position, indicated by a 0% variance from the baseline market price, suggesting that the property is currently priced in line with prevailing market conditions.

Analyzing the market dynamics, the confidence in this valuation is categorized as medium, underscoring the need for careful consideration of the local property trends. The assessment is grounded on 14 recent resale transactions within the vicinity, providing a robust dataset to gauge market sentiment and pricing accuracy. The remaining lease period of 46 years is a significant factor for potential buyers, influencing both the long-term investment value and the attractiveness of the property in a competitive real estate environment.