3 Room (3NG) HDB for Rent in 502 Ang Mo Kio Avenue 5

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 53 years, is estimated at $356,090, translating to a price per square foot (PSF) of $445. This figure is reflective of the current market conditions, showing a stable market price with a 0% difference from the baseline. The analysis draws insights from two recent resale transactions in the vicinity, which affirm the valuation's alignment with ongoing market trends.

However, it is crucial to note the low model confidence associated with this valuation. The limited data points available from only two transactions suggest potential volatility in pricing dynamics, particularly as the remaining lease period may affect buyer sentiment and investment decisions. As the lease diminishes, buyers may factor in the long-term implications of ownership within a 53-year leasehold, which could influence future market performance and price appreciation potential. Stakeholders should remain vigilant and attentive to emerging trends in Ang Mo Kio and the broader HDB landscape, as these elements will be pivotal in shaping market confidence moving forward.