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 $40,591, equating to $406 per square foot. This valuation is particularly noteworthy given the current market signals that indicate a 0% difference from the baseline price. Such stability in pricing suggests a degree of equilibrium within the local market, where demand and supply are closely aligned.

However, it is important to highlight the model confidence for this valuation is classified as low, primarily due to the limited data available—only one recent HDB resale transaction has been recorded in the vicinity. This scarcity of transactional data may not fully encapsulate the nuanced dynamics of the Ang Mo Kio property market, especially considering the implications of the remaining lease period on buyer sentiment and investment attractiveness. Buyers and investors should carefully consider the longevity of the lease and its potential impact on future resale value, particularly in a highly competitive market such as Singapore's.