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

The valuation of the 2-room HDB unit in Ang Mo Kio, with a remaining lease of 54 years, stands at an estimated value of $68,097, translating to a price per square foot (PSF) of $524. This valuation reflects a market price that is consistent with the baseline, indicating a stable pricing environment in the area. The model confidence for this valuation is categorized as medium, suggesting a reasonable level of predictability in the current market dynamics.

Analyzing the broader context, this valuation is informed by 19 recent HDB resale transactions in the vicinity, which provide a comprehensive dataset to gauge market sentiment and activity. The fact that the estimated value shows no divergence from baseline trends underscores the resilience of the Ang Mo Kio market, particularly for HDB properties, despite the challenges posed by an aging lease. Prospective buyers and investors should note that with 54 years remaining on the lease, the property presents a unique opportunity that balances affordability with potential future appreciation, provided that the market remains stable and continues to attract interest.