Common Room (HDB) for Rent in 215 Ang Mo Kio Avenue 1

The valuation of the 2-room HDB property in Ang Mo Kio reflects a complex interplay of market dynamics and lease tenure. With a remaining lease of 49 years, the estimated value stands at $47,329, translating to a price per square foot (PSF) of $473. This valuation is particularly significant as it indicates no deviation from the baseline market price, suggesting a stable and balanced demand in this well-established residential precinct. The area’s strong community infrastructure and connectivity continue to make it an attractive choice for both homeowners and investors.

The model confidence for this valuation is categorized as medium, which underscores the importance of considering external market influences and recent transaction trends. The analysis is derived from 18 recent HDB resale transactions in the vicinity, providing a solid data foundation. As the HDB market evolves, the remaining lease period becomes increasingly critical in determining property value, particularly as buyers evaluate long-term investment potential. The stability in pricing highlights Ang Mo Kio’s resilience, reinforcing its reputation as a desirable locale amidst Singapore's dynamic real estate landscape.