3 Room (3I) HDB for Rent in 212 Ang Mo Kio Avenue 3

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $299,943, translating to a price per square foot of $416. This valuation reflects a market price that is aligned with the baseline, indicating a stable equilibrium in demand and supply dynamics within the local housing market. Such stability is particularly notable given the relatively low model confidence, which is attributed to the limited transaction data available, with only one recent HDB resale in the vicinity providing insight into current market trends.

As we delve deeper into the specifics of the remaining lease, it is essential to recognize the implications of a 49-year lease on the property’s valuation and marketability. Properties with shorter remaining leases can often experience price depreciation due to buyer hesitance, particularly among first-time homeowners and investors who are sensitive to lease lengths. However, Ang Mo Kio's strategic location and robust community infrastructure may bolster buyer interest despite the age of the lease. Moving forward, it will be crucial to monitor market conditions, including demographic shifts and policy changes, that could influence HDB resale prices in this vibrant district.