3-Room HDB for Room Rent: 613 Ang Mo Kio Avenue 4

The HDB 3 Room property located in Ang Mo Kio, with a remaining lease of 68 years, presents a valuation of $83,043, equating to an estimated price per square foot (PSF) of $554. This valuation is noteworthy as it reflects a market price that shows no deviation from the baseline, indicating a stable demand in this highly sought-after residential district. With a model confidence rating of high, the valuation is supported by a robust analysis of 468 recent HDB resale transactions within the vicinity, underscoring the reliability of the data and the soundness of the market dynamics at play.

Ang Mo Kio is a well-established neighborhood characterized by its strategic location and comprehensive amenities, which continue to bolster its attractiveness among homebuyers. The longevity of the remaining lease, at 68 years, positions the property favorably in the market, mitigating concerns related to lease decay that often accompany older HDB units. As such, this valuation not only reflects current market conditions but also suggests a promising trajectory for potential appreciation, making it an appealing investment opportunity in the vibrant Singaporean HDB landscape.