3 Room (3NG) HDB for Rent in 122 Ang Mo Kio Avenue 3

The valuation for the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 75 years, stands at an estimated value of $508,592, translating to a price per square foot (PSF) of $705. This valuation indicates a market price that remains consistent with the baseline, reflecting a 0% difference. Such stability in pricing suggests a balanced demand and supply scenario within the Ang Mo Kio area, which is traditionally sought after for its strategic location and accessibility to amenities.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a single recent HDB resale transaction in the vicinity. This limited data point may not fully encapsulate the broader market dynamics and trends influencing property values in the region. As we assess the remaining lease of 75 years, potential buyers should consider the implications of lease duration on long-term investment value, particularly in a market where leasehold properties can experience varying demand based on the remaining lease term. Stakeholders are advised to monitor upcoming sales and market movements closely to gain a more comprehensive understanding of HDB market dynamics in Ang Mo Kio.