3-Room HDB for Room Rent: 320 Ang Mo Kio Avenue 1

The valuation of the HDB 3-room unit located in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $51,285, translating to a price per square foot (PSF) of $427. This valuation reflects a market price that is consistent with the baseline, indicating a neutral market signal with a 0% deviation. Such stability in pricing suggests that the property is positioned within a balanced market, where supply and demand are effectively aligned.

However, it is crucial to note the low confidence in this valuation model, which stems from the limited dataset of only three recent resale transactions within the vicinity. This constraint underscores the inherent volatility in the HDB market, particularly for properties with shorter remaining leases. As the lease period diminishes, buyer interest may wane, impacting future resale potential. Investors and homeowners alike should consider these dynamics when evaluating the long-term viability of this property, especially in a competitive market like Singapore, where leasehold tenure plays a pivotal role in valuation and desirability.