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The recent valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $101,634, translating to $519 per square foot. This valuation reflects a market price that is in line with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced market environment, where supply and demand are in equilibrium, particularly in a well-regarded district like Ang Mo Kio.

Our analysis is underpinned by a robust dataset of 24 recent HDB resale transactions within the vicinity, which provides a strong foundation for the estimated value. The high model confidence associated with this valuation underscores the reliability of the data, affirming that this property is situated in a desirable locale that continues to attract buyer interest despite the aging lease. As the remaining lease diminishes, it will be crucia

Aaron Yeo

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