Walk-up for Room Rent: 3 Clover Way

The HDB 2 Room property located in Ang Mo Kio, with a remaining lease of 70 years, presents a compelling investment opportunity in a highly sought-after district. With an estimated value of $80,996, translating to $692 per square foot (PSF), this property is perfectly positioned within the current market dynamics. The valuation reflects a significant equilibrium, indicating a 0% difference from the baseline market price, which signals stability and robust demand in the vicinity.

The model confidence for this valuation is categorized as high, supported by an analysis of 37 recent HDB resale transactions in the area. This data illustrates not only the resilience of the Ang Mo Kio market but also the sustained interest in HDB properties, particularly those with substantial remaining leases. As the leasehold period extends, the property remains an attractive option for both first-time buyers and investors looking to capitalize on the long-term growth potential of the area.