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

The valuation of the HDB 3 ROOM unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $297,148, translating to a price per square foot (PSF) of $406. This valuation is indicative of a stable market environment, as it reflects a 0% difference from the baseline market price, suggesting that the property is currently aligned with prevailing market trends. Such consistency in pricing may signal a balanced demand-supply relationship within the local real estate landscape.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only five recent HDB resale transactions in the vicinity. This underscores the potential volatility associated with properties that have a shorter remaining lease, as buyers may exhibit hesitance in committing to units with extended lease durations. As the market dynamics continue to evolve, it is crucial for potential investors to consider the long-term implications of lease decay and its impact on resale value in the Ang Mo Kio area.