Common Room (Landed) for Rent in Coral Park

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 54 years, is estimated at $64,085, translating to a price per square foot (PSF) of $534. This valuation reflects a stable market condition, as indicated by the zero percent difference from the baseline market price. Such stability is pivotal in the current real estate landscape, showcasing a balanced demand and supply scenario within the HDB sector.

Our analysis draws upon a robust dataset, incorporating insights from 37 recent HDB resale transactions in the vicinity. The high model confidence associated with this valuation underscores the reliability of the market signals, suggesting a consistent buyer interest for properties with similar lease durations. The longevity of the remaining lease is a critical factor influencing buyer sentiment, as properties with a longer lease period tend to attract a wider pool of potential buyers, thereby maintaining their value in the face of evolving market conditions.