Terraced House for Room Rent: Soo Chow Drive

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 67 years, stands at an estimated value of $97,115, translating to a price per square foot (PSF) of $647. This valuation reflects the current market dynamics, as evidenced by a market price that shows no deviation from the baseline, indicating stability in the pricing of similar properties within the area.

Our analysis is grounded in a robust dataset, drawn from 39 recent HDB resale transactions in the vicinity, which provides a comprehensive overview of market activity and trends. The high model confidence associated with this valuation underscores the reliability of the data and the accuracy of the projected market conditions. In a landscape characterized by fluctuating demand and varying lease tenures, the remaining lease of 67 years positions this property favorably, appealing to both first-time homebuyers and investors seeking long-term value in a well-established and sought-after neighborhood.