Common Room (HDB) for Rent in 621 Ang Mo Kio Avenue 9

In the vibrant district of Ang Mo Kio, the valuation of an HDB Executive flat with a remaining lease of 53 years has been estimated at $49,488, translating to a price per square foot (PSF) of $495. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is currently priced in alignment with prevailing market trends. The analysis draws from a robust dataset, encompassing 13 recent HDB resale transactions in the vicinity, which provides a comprehensive basis for the valuation.

The medium confidence level associated with this valuation suggests that while the data is reliable, market dynamics can fluctuate due to various factors, including economic conditions and changes in buyer sentiment. The remaining lease of 53 years positions this property within a critical timeframe, as potential buyers often consider lease length as a key determinant in their purchasing decisions. As Ang Mo Kio continues to be a desirable locale due to its accessibility and amenities, the interplay between lease length and market demand will be pivotal in shaping future valuations in this sector.