Common Room (HDB) for Rent in 428 Ang Mo Kio Avenue 3

The HDB 2-room unit located in the vibrant district of Ang Mo Kio presents a compelling valuation of $74,074, translating to a price per square foot (PSF) of $494. With a remaining lease of 51 years, this property stands at a strategic juncture where the balance of lease tenure plays a pivotal role in buyer sentiment and market behavior. Our valuation reflects a precise alignment with the current market price, indicating a 0% difference from the baseline, which suggests a stable demand for HDB properties in this area.

Analysis of 24 recent HDB resale transactions in the vicinity reinforces the high confidence level in this valuation model. The consistent sale prices in the Ang Mo Kio region signal a resilient market, underpinned by its excellent connectivity and established community amenities. As the lease duration influences the property’s appeal, prospective buyers may find the 51-year remaining lease favorable, balancing the long-term investment potential with current market conditions. Overall, this property exemplifies a sound investment opportunity within Singapore's dynamic housing landscape.