4-Room HDB for Room Rent: 304 Shunfu Road

The valuation of the 4-room HDB unit in Ang Mo Kio, with a remaining lease of 57 years, stands at an estimated value of $75,966, translating to a price per square foot (PSF) of $506. This valuation indicates a market price that is consistent with the baseline, reflecting a 0% difference. Such stability in pricing suggests a balanced demand and supply scenario in the local real estate landscape, particularly in a mature estate like Ang Mo Kio, which is known for its robust amenities and accessibility.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset of only three recent HDB resale transactions in the vicinity. This scarcity of comparable sales can result in increased volatility and uncertainty in pricing trends. As leasehold properties age, their value is intricately linked to the remaining lease period, and with 57 years left, potential buyers may exhibit caution, weighing the implications of lease decay against the property's current market positioning.