4-Room HDB for Room Rent: 128 Ang Mo Kio Avenue 3

The valuation of the 4-room HDB unit located in Ang Mo Kio presents a compelling snapshot of the current market dynamics within Singapore's public housing sector. With a remaining lease of 51 years, the estimated value of $74,637, translating to $415 per square foot (PSF), positions this property at the baseline market price—indicating a stable yet competitive environment for HDB transactions in the area. This valuation reflects a nuanced understanding of the local housing market, where demand remains robust despite the diminishing lease term, suggesting a continued appeal for potential buyers seeking affordable options in a well-established neighborhood.

Our analysis, grounded in data from 283 recent HDB resale transactions in the vicinity, indicates a high confidence level in this valuation model. The alignment with the baseline market price, showing a 0% difference, underscores the equilibrium of supply and demand in Ang Mo Kio. As the public housing landscape evolves, properties with substantial remaining leases, such as this one, will likely maintain their desirability, particularly among young families and first-time homeowners. This valuation serves as a benchmark for potential investors and homeowners, reinforcing the importance of location and lease duration in decision-making processes within Singapore's dynamic real estate market.