3 Room (3NG) HDB for Rent in 422 Ang Mo Kio Avenue 3

The valuation of the HDB 3-room unit located in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $319,383, translating to a price per square foot (PSF) of $443. This valuation reflects the current market price, indicating a 0% difference from the baseline, which suggests stability in the pricing dynamics within this locality. Such a situation often points to a balanced supply and demand scenario, where potential buyers are willing to pay a price reflective of similar properties in the area.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set used for analysis—specifically, the reliance on a single recent resale transaction in the vicinity. This lack of robust transactional data may lead to potential fluctuations in market sentiment, especially given the property’s remaining lease period. As leasehold properties approach the latter stages of their tenure, buyer sentiment can be influenced by perceived value retention and future resale potential, which are critical factors to consider when evaluating the investment viability of this HDB unit in the context of Singapore's evolving real estate landscape.