3-Room HDB for Room Rent: 333 Ang Mo Kio Avenue 1

The HDB 3-room unit located in the highly sought-after district of Ang Mo Kio, with a remaining lease of 54 years, presents a unique opportunity for potential buyers and investors. With an estimated value of $111,978, translating to $448 per square foot, the property has been appraised at a market price that reflects a stable equilibrium, showing no deviation from the baseline. This stability suggests that the valuation is in alignment with current market trends, despite the low model confidence which indicates potential variability in the local property landscape.

Analyzing the recent HDB resale transactions in the vicinity, it is evident that the local market dynamics are influenced by a combination of factors, including lease tenure and demand within the Ang Mo Kio area. While the remaining lease of 54 years may raise concerns regarding long-term viability, it also offers an entry point for buyers who are mindful of budget constraints yet seek to invest in a location known for its connectivity and amenities. As the market continues to evolve, stakeholders should remain vigilant of fluctuations that could impact future valuations, particularly in light of the current low confidence in the model's predictive capabilities.