4-Room HDB for Room Rent: 102 Ang Mo Kio Avenue 3

The HDB 4-room property located in the highly sought-after precinct of Ang Mo Kio, with a remaining lease of 50 years, presents an estimated value of $472,753, translating to a price per square foot (PSF) of $415. This valuation is indicative of a stable market condition, as it reflects a market price that shows no deviation from the baseline, suggesting equilibrium in buyer demand and seller expectations. Given the low confidence level in the model, it is imperative to approach this valuation with caution, as potential fluctuations in market sentiment could impact future resale opportunities.

Analyzing the local market dynamics, the valuation is supported by two recent HDB resale transactions within the vicinity, which reinforces the relevance of the price point. However, the 50-year lease remaining on this property merits consideration, as it may influence the long-term investment potential and appeal to prospective buyers. In a landscape where lease tenure plays a pivotal role in property desirability, the current valuation suggests a balanced outlook, while emphasizing the need for vigilant monitoring of market trends and leasehold implications.