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

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $189,031, translating to a price per square foot (PSF) of $473. This valuation reflects a market signal that is in equilibrium, showcasing a 0% difference from the baseline pricing. Such stability indicates a balanced demand and supply dynamic, which is crucial for potential buyers and investors in the current real estate landscape.

Analyzing the data from 19 recent HDB resale transactions in the vicinity provides a medium level of confidence in the model's accuracy. The Ang Mo Kio area, known for its strategic location and robust community infrastructure, continues to attract interest despite the remaining lease. This valuation underscores the importance of lease duration in the HDB market, as properties with shorter leases may experience subtle fluctuations in their perceived value. As the market evolves, stakeholders should remain vigilant about leasehold considerations, particularly in a vibrant district like Ang Mo Kio.