4-Room HDB for Room Rent: 308B Ang Mo Kio Avenue 1

The HDB 4-room unit located in Ang Mo Kio, with a remaining lease of 85 years, has been assessed at an estimated value of $110,931, translating to a price per square foot (PSF) of $740. This valuation is based on an extensive analysis of 500 recent HDB resale transactions in the vicinity, ensuring a robust market representation. The model confidence is rated as high, indicating a strong reliability in the data underpinning this valuation.

In terms of market dynamics, the property reflects a market price with a 0% difference from the baseline, suggesting a stabilised valuation trend amidst current market conditions. This equilibrium is indicative of a resilient demand for HDB properties in Ang Mo Kio, a highly sought-after residential area known for its accessibility and community amenities. The remaining lease period of 85 years further enhances the attractiveness of this asset, positioning it favorably for both owner-occupiers and investors looking to capitalise on long-term appreciation potential in a vibrant district.