3 Room (3A) HDB for Rent in 417 Ang Mo Kio Avenue 10

The valuation of the HDB 3-room property located in Ang Mo Kio is set at an estimated value of $331,471, translating to a price per square foot (PSF) of $422. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that current pricing aligns with neighborhood trends. However, the model confidence is categorized as low, which warrants a cautious approach in evaluating this property’s potential for appreciation or investment viability.

With a remaining lease of 52 years, this property sits in a unique position within the market dynamics of HDB flats in Singapore. The average lease period for HDBs significantly influences buyer sentiment, particularly among those wary of lease decay as properties approach the 30-year mark. Despite the inherent risks associated with shorter remaining leases, Ang Mo Kio’s established reputation, robust amenities, and connectivity contribute positively to the demand for HDBs in this area.

In assessing this valuation, it is crucial to consider recent market transactions; the basis of this estimate draws from six comparable HDB resale transactions within the vicinity. These transactions serve as a benchmark, yet the low model confidence suggests variability in buyer preferences and market fluctuations. Stakeholders should remain vigilant and conduct further analysis to ensure alignment with long-term property goals.