3-Room HDB for Room Rent: 435 Ang Mo Kio Avenue 10

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $42,676, translating to a price per square foot (PSF) of $427. This valuation reflects a market price that exhibits no deviation from the established baseline, indicating a balanced market dynamic where supply and demand are in equilibrium. Such stability is significant for potential buyers and sellers alike, as it suggests a predictable valuation trajectory amidst the broader residential landscape.

With model confidence rated as high, this valuation is underpinned by a robust dataset comprising 467 recent HDB resale transactions in the vicinity. This extensive analytical foundation offers valuable insights into the local market trends, reinforcing the credibility of the estimated value. The remaining lease of 51 years is a critical factor to consider, as leasehold properties in Singapore often face varying degrees of appreciation based on their remaining lease duration. Investors and homeowners should remain cognizant of these dynamics, as they present both opportunities and challenges in the ever-evolving real estate market.