Common Room (HDB) for Rent in 121 Ang Mo Kio Avenue 3

The valuation of the HDB 4-room unit in Ang Mo Kio, with a remaining lease of 75 years, stands at an estimated value of $118,272, translating to a price per square foot (PSF) of $739. This valuation reflects a nuanced understanding of the local property market dynamics, which remain stable, as indicated by the 0% difference from the baseline market price. Such equilibrium suggests a robust demand for HDB properties in this highly sought-after district, known for its strategic location and accessibility.

The model confidence for this valuation is classified as high, bolstered by a comprehensive analysis of 500 recent HDB resale transactions within the vicinity. This substantial dataset provides a solid foundation for assessing market trends and pricing strategies. Investors and potential homeowners can draw upon this analysis to make informed decisions, particularly given the remaining lease of 75 years, which remains favorable in the context of Singapore's residential property landscape. As lease decay becomes a critical factor in property valuation, Ang Mo Kio's enduring appeal positions this HDB unit as a compelling option for both buyers and investors.