3 Room (3NG) HDB for Rent in 211 Ang Mo Kio Avenue 3

In the heart of Ang Mo Kio, the valuation for the 3-room HDB unit reflects a current estimated value of $297,148, translating to a price per square foot of $406. This valuation comes amidst a backdrop of stable market conditions, evidenced by a market price that indicates a 0% difference from the baseline. Such stability suggests a balanced demand-supply dynamic in the area, particularly relevant given the property’s remaining lease of 53 years, which is a crucial factor for potential buyers contemplating long-term investment.

Despite the low model confidence associated with this valuation, derived from a limited dataset of just five recent HDB resale transactions in the vicinity, the analysis underscores the importance of lease tenure in influencing market sentiment. Properties with shorter remaining leases often experience price suppression, yet Ang Mo Kio’s strategic location and established community infrastructure may continue to mitigate this effect. As such, while the current valuation is indicative of market equilibrium, prospective buyers and investors should remain cognizant of the broader market trends and the implications of lease duration on future resale potential.