Common Room (HDB) for Rent in 464 Ang Mo Kio Avenue 10

The HDB 2-room unit in Ang Mo Kio, with a remaining lease of 52 years, has been appraised at an estimated value of $153,176, translating to a price per square foot (PSF) of $511. This valuation is noteworthy as it reflects a market price that is 0% different from the baseline, indicating a strong alignment with current market sentiments and conditions. The high model confidence level reinforces the reliability of this valuation, further supported by a robust dataset of 23 recent HDB resale transactions within the vicinity, which enhances the credibility of the price point established.

The stability in pricing within this segment of the Ang Mo Kio HDB market can be attributed to several dynamics. Firstly, the remaining lease period of 52 years positions this property as an attractive option for buyers seeking affordability within a well-established residential area. Ang Mo Kio, known for its strategic connectivity and amenities, remains a sought-after locale, thus maintaining demand. Additionally, the absence of significant deviation from the baseline price signals a balanced market, where supply and demand are well-matched, further solidifying the investment potential for prospective buyers and investors alike.