3-Room HDB for Room Rent: 220 Ang Mo Kio Avenue 1

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 $47,795, translating to a price per square foot (PSF) of $398. This figure reflects a market signal that is precisely aligned with baseline pricing, indicating a stable demand and supply equilibrium in the local real estate landscape. The model confidence is rated as high, bolstered by a robust dataset of 225 recent HDB resale transactions in the vicinity, which underscore the reliability of this valuation.

In the context of the current market dynamics, the absence of price fluctuation—marked by a 0% difference from the baseline—suggests that buyers are exhibiting a cautious yet steady interest in properties with a significant remaining lease. The 49-year lease term positions this property favorably, appealing to both first-time buyers and investors seeking a secure asset in a well-established neighborhood. As Ang Mo Kio continues to evolve, the intrinsic value of such properties is likely to remain resilient, supported by the area's amenities and strong community ties.