3 Room (3NG) HDB for Rent in 721 Ang Mo Kio Avenue 8

The valuation of the HDB 3-room unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $327,229, translating to a price per square foot (PSF) of $454. This valuation is notably aligned with the current market price, reflecting a 0% difference from the baseline, indicating a stable market condition for this property type in the area. The consistency in pricing suggests that buyer sentiment remains resilient, despite the relatively shorter lease term compared to other available properties.

Our analysis is bolstered by a robust dataset, drawing from 404 recent HDB resale transactions within the vicinity, which reinforces the reliability of our valuation. The high model confidence level signifies that the projected value is firmly grounded in actual market activity. As Ang Mo Kio continues to be a sought-after residential enclave, factors such as accessibility to amenities and public transportation play pivotal roles in sustaining interest in HDB units, even as the lease period diminishes. This dynamic underscores the importance of understanding local market trends and the implications of lease duration on property values.