3-Room HDB for Room Rent: 403 Ang Mo Kio Avenue 10

The valuation of the HDB 3 Room property in Ang Mo Kio, with a remaining lease of 51 years, has been estimated at $43,187, translating to a price per square foot (PSF) of $393. This valuation aligns with the baseline market price, indicating a stable yet competitive environment for HDB transactions in this area. The consistency of the estimated value with the market baseline suggests that the property is priced appropriately given its characteristics and the current economic climate.

However, it is essential to note the low model confidence associated with this valuation, which may stem from a limited dataset of only three recent HDB resale transactions within the vicinity. The unique dynamics of the Ang Mo Kio property market, characterized by its accessibility and amenities, often lead to fluctuations in demand that may not be fully captured by the available data. As such, potential buyers and investors should consider the implications of the remaining lease on the property’s long-term value, alongside the overall market trends impacting HDB resale values in Singapore.