Terraced House for Room Rent: Thomson Ridge

This valuation report focuses on a 2-room HDB unit located in the highly sought-after district of Ang Mo Kio. With a remaining lease of 75 years, this property is estimated to hold a value of $108,667, translating to a price per square foot (PSF) of $724. Given the current market dynamics, this valuation reflects a stable market price with a 0% difference from the baseline, indicating a strong equilibrium between buyer and seller expectations.

The confidence level of this valuation is categorized as high, supported by a robust analysis of 39 recent HDB resale transactions within the vicinity. This data reinforces the resilience of the Ang Mo Kio area in the HDB market, characterized by ongoing demand and stable pricing trends. The remaining lease of 75 years further enhances its appeal, as properties with longer leases are generally viewed more favorably by potential buyers, thus contributing to sustained market interest. In summary, this valuation not only reflects current market sentiments but also positions the property as a sound investment in a well-established residential precinct.