3 Room (3A) HDB for Rent in 625 Ang Mo Kio Avenue 9

The valuation of the HDB 3 Room unit in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $307,671, translating to a price per square foot (PSF) of $421. This valuation reflects a market price that is in line with the baseline, indicating a stable pricing environment in the vicinity. The absence of any premium or discount suggests that the property is positioned within a competitive market landscape, where the demand and supply dynamics are in equilibrium.

However, it is important to note that the model confidence for this valuation is categorized as low, which implies that the reliance on recent comparable sales data—derived from three recent HDB resale transactions in the area—may not fully capture the nuances of the current market condition. The remaining lease of 52 years is also a critical factor, as properties with shorter leases can experience varying demand levels, which can impact future resale values. As such, prospective buyers should approach this valuation with careful consideration of both the lease duration and the broader market trends influencing HDB properties in Ang Mo Kio.