3 Room (3I) HDB for Rent in 22 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 $268,443, translating to a price per square foot (PSF) of $367. This valuation reflects the current market dynamics, showing a stable price point with a market signal indicating a 0% difference from the baseline. Such stability suggests that the property is appropriately priced within the context of the broader HDB market, particularly in the sought-after Ang Mo Kio district.

The model confidence in this valuation is rated as high, based on a robust analysis of 24 recent HDB resale transactions in the vicinity. This strong confidence level reinforces the reliability of the valuation, indicating that various factors such as location desirability, remaining lease tenure, and recent comparable sales have been carefully considered. Given the remaining lease of 46 years, potential buyers will find this property to be an appealing option, particularly as Ang Mo Kio continues to be a prime location with access to essential amenities and public transport.