3-Room HDB for Room Rent: 118 Ang Mo Kio Avenue 4

This valuation report presents an analytical overview of a 3-room HDB property located in the sought-after district of Ang Mo Kio, featuring a remaining lease of 51 years. The estimated value of the property stands at $51,505, translating to a price per square foot (PSF) of $396. Notably, this valuation is aligned with the current market price, indicating a 0% difference from the baseline. This stability in pricing suggests a balanced market for similar properties in the area, reflecting a consistent demand amidst the evolving landscape of Singapore's real estate market.

However, it is important to note that the model confidence for this valuation is classified as low, suggesting that while the recent transactions provide valuable insights, they may not fully encapsulate the broader market dynamics at play. The analysis is grounded in data gathered from four recent HDB resale transactions within the vicinity, which may exhibit variability influenced by factors such as property condition, specific location nuances, and buyer sentiment. As the remaining lease diminishes, prospective buyers should consider the implications of leasehold tenure on future capital appreciation and overall investment viability in this vibrant neighborhood.