4-Room HDB for Room Rent: 404 Ang Mo Kio Avenue 10

The valuation of the HDB 4-room unit in Ang Mo Kio, with a remaining lease of 51 years, is set at an estimated value of $81,829, translating to a price per square foot (PSF) of $409. This valuation is particularly noteworthy as it reflects a market price that is in alignment with the baseline, indicating a stable market condition with no significant fluctuations. The model confidence for this valuation is rated as high, bolstered by a robust dataset comprising 271 recent HDB resale transactions in the vicinity.

In analyzing the dynamics of the Ang Mo Kio HDB market, it is essential to consider the implications of the remaining lease period. Properties with a lease of over 50 years typically attract a diverse pool of buyers, including both owner-occupiers and investors. The zero percent difference from the baseline suggests that the property is currently well-positioned within the market, reflecting an equilibrium between supply and demand. As such, this valuation serves as a pivotal indicator of market stability in Ang Mo Kio, a sought-after area known for its accessibility and amenities.