3 Room (3A) HDB for Rent in 220 Ang Mo Kio Avenue 1

The valuation of the HDB 3-room unit located in the highly sought-after district of Ang Mo Kio reveals several important insights into the current property market dynamics. With a remaining lease of 50 years, this property is estimated at a value of $281,298, translating to a price per square foot (PSF) of $384. Notably, this valuation reflects a market price that shows a 0% difference from the baseline, indicating a stabilization in pricing for similar units in the area.

However, it is crucial to acknowledge the low model confidence associated with this valuation, primarily driven by the limited data set, with only one recent resale transaction within the vicinity to inform this analysis. Such a lack of robust comparative data may hinder the reliability of the estimated value and should prompt potential buyers and investors to exercise caution. The combination of a dwindling lease term and fluctuating market conditions underscores the necessity for thorough due diligence in assessing the viability of this investment opportunity.