3 Room (3NG) HDB for Rent in 538 Ang Mo Kio Avenue 5

The valuation of the HDB 3-room property located in Ang Mo Kio, with a remaining lease of 53 years, is estimated at $314,665 or $436 PSF. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand and supply equilibrium in the area. The model confidence is rated as medium, suggesting that while the analysis is grounded in recent market trends, fluctuations may still occur due to external economic factors or shifts in buyer sentiment.

Recent data from 9 HDB resale transactions in the vicinity corroborates this valuation, providing a robust foundation for understanding the local market dynamics. Ang Mo Kio, known for its strategic location and well-established amenities, continues to attract buyers, particularly those looking for properties with substantial remaining leases. With 53 years left on the lease, this property holds a competitive edge, appealing to both first-time homeowners and investors alike, who are often cautious of properties with shorter lease durations. As the market evolves, closely monitoring these dynamics will be essential for stakeholders looking to navigate the HDB landscape effectively.