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

The valuation of the 4-room HDB property 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 market signal indicating a 0% difference from the baseline, suggesting that the property is priced at a competitive level within the current market dynamics. The strong confidence level in this assessment is bolstered by the analysis of 500 recent HDB resale transactions in the vicinity, underscoring the robustness of the dataset used in arriving at this valuation.

Ang Mo Kio, being a mature estate, benefits from well-established amenities and accessibility, contributing to its sustained demand. The remaining lease of 75 years is a critical factor in the valuation, as properties with longer leases typically command higher prices due to perceived longevity and investment security. As the market continues to evolve, it is essential for potential buyers and investors to consider not only the immediate valuation but also the broader implications of lease duration and market trends in the HDB sector.