3 Room (3NG) HDB for Rent in 649 Ang Mo Kio Avenue 5

In the current analysis of the HDB 3-room unit located in Ang Mo Kio, with a remaining lease of 53 years, we observe an estimated value of $302,013, translating to a price per square foot (PSF) of $419. This valuation positions the property at a critical juncture in the market, reflecting a market price that shows no deviation (0% difference) from the baseline. Such stability indicates a balanced demand and supply dynamic in this sought-after residential precinct of Singapore.

However, it is important to note the model confidence rating of low, which suggests potential volatility in future valuations due to limited recent transaction data—only two resale transactions have informed this analysis. As the remaining lease period extends to 53 years, prospective buyers should consider the implications of lease decay on long-term investment viability. Overall, while the current valuation aligns with market expectations, stakeholders should remain vigilant to fluctuations influenced by broader economic conditions and local market sentiments.