Room (HDB) for Rent in 629 Ang Mo Kio Avenue 4

The valuation of the HDB 2-room unit located in Ang Mo Kio, with a remaining lease of 54 years, stands at an estimated value of $88,002, translating to a price per square foot (PSF) of $524. This figure reflects a market condition that is presently stable, as indicated by a 0% difference from the baseline price. Such a valuation underscores the resilience of the Ang Mo Kio property market, which has been a sought-after locale due to its strategic connectivity, mature amenities, and family-friendly environment.

Analyzing recent market trends, the model's confidence level is assessed as medium, relying on data derived from 19 recent resale transactions in the vicinity. This sample size offers a reasonable representation of current market dynamics, but it is essential to consider the broader economic context, including factors such as interest rates, employment levels, and demographic shifts that can influence buyer sentiment and pricing strategies. The remaining lease period of 54 years also plays a crucial role in the valuation, as it impacts both buyer interest and financing options, making it imperative for potential investors to weigh these aspects carefully in their decision-making process.