4-Room HDB for Room Rent: 454 Sin Ming Avenue

The valuation of the HDB 4 Room in Ang Mo Kio, with a remaining lease of 61 years, has been meticulously assessed at an estimated value of $120,447, translating to a robust $602 PSF. This pricing reflects a stable market signal, indicating a 0% difference from the established baseline, which suggests that the property is well-aligned with current market trends and buyer expectations. The high model confidence, based on a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation.

The strong performance of this property can be attributed to several market dynamics, particularly the desirability of Ang Mo Kio as a residential area. With its strategic location, access to amenities, and robust community infrastructure, properties in this locale continue to attract both homebuyers and investors alike. The remaining lease of 61 years is a critical factor that potential buyers consider, as it ensures a significant period of habitation and investment value. Overall, this valuation not only reflects the current market conditions but also highlights the enduring appeal of HDB properties in Singapore's thriving real estate landscape.