2 Room HDB for Rent in 216 Ang Mo Kio Avenue 1

In the vibrant neighborhood of Ang Mo Kio, the valuation of a 2-room HDB unit with a remaining lease of 49 years has been meticulously assessed at an estimated value of $189,315, translating to $473 PSF. This valuation reflects a stable market signal, with the current market price indicating a 0% difference from the baseline, suggesting a balanced demand and supply dynamic within the local real estate landscape. The confidence level of this model is categorized as medium, underscoring the importance of considering various market nuances that influence property values.

The analysis draws upon 18 recent HDB resale transactions in the vicinity, which collectively inform the estimated value and provide a robust framework for understanding market trends. The remaining lease period of 49 years plays a crucial role in shaping buyer sentiment and investment appetite, as properties with shorter leases often experience differing levels of demand. As the Ang Mo Kio area continues to evolve, potential buyers and investors are advised to monitor ongoing developments that may impact property values and the overall attractiveness of this well-established residential enclave.