Common Room (HDB) for Rent in 312 Ang Mo Kio Avenue 3

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $102,909, translating to a price per square foot (PSF) of $515. This valuation reflects a stable market position, with the current market price indicating a 0% difference from the baseline. Such stability is indicative of a balanced demand and supply scenario, which is essential in understanding the dynamics of the local real estate market.

The model confidence in this valuation is classified as high, supported by a robust dataset derived from 24 recent HDB resale transactions in the vicinity. This analytical approach underscores the significance of localized market trends, particularly in a mature estate like Ang Mo Kio. With a remaining lease of 51 years, potential buyers are likely to weigh the implications of leasehold duration against the vibrancy of the neighborhood, which remains a key factor in determining future resale value and investment potential. As the market evolves, continuous monitoring of lease dynamics will be essential for stakeholders looking to navigate the complexities of Singapore's real estate landscape.