3 Room (3NG) HDB for Rent in 220 Ang Mo Kio Avenue 1

In the vibrant heart of Ang Mo Kio, the valuation of a 3-room HDB flat presents a nuanced perspective on the current property market dynamics. With a remaining lease of 49 years, the estimated value stands at $271,529, translating to $377 per square foot (PSF). This figure reflects a market price that is in alignment with the baseline, indicating a 0% difference and suggesting a stable market condition devoid of significant fluctuations in demand or pricing in this locality.

However, the model confidence for this valuation is classified as low, stemming from the reliance on a limited dataset, evidenced by only one recent resale transaction in the vicinity. This lack of comprehensive market data underscores the necessity for potential buyers and investors to approach this valuation with caution. The remaining lease period, while still substantial, may also influence buyer sentiment, particularly in a market increasingly attuned to the implications of leasehold properties. As such, stakeholders are encouraged to consider broader market trends and consult with property experts to ensure informed decision-making in a relatively stable yet cautious market environment.