3-Room HDB for Room Rent: 202 Ang Mo Kio Avenue 3

The valuation of the HDB 3 Room unit in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $40,993, translating to a price per square foot (PSF) of $410. This assessment is grounded in robust market analysis, reflecting a strong model confidence rating of high, indicating a reliable valuation based on current market conditions. The valuation is particularly noteworthy as it registers a market price that shows a 0% difference from the baseline, suggesting a stable demand for HDB properties in this region.

Analyzing the broader market dynamics, the valuation is derived from a comprehensive review of 469 recent HDB resale transactions within the vicinity, which underscores the competitive landscape and the resilience of property values in Ang Mo Kio. With a remaining lease of 49 years, this property offers a balanced investment opportunity, catering to both immediate homeowners and potential investors looking for long-term value retention. The stability in pricing also reflects a consistent demand, reinforcing Ang Mo Kio's reputation as a sought-after residential locale in Singapore's real estate market.