Common Room (HDB) for Rent in 202 Ang Mo Kio Avenue 3

The valuation of the HDB 2 Room unit in Ang Mo Kio, with a remaining lease of 50 years, stands at an estimated value of $49,004, translating to $490 PSF. This pricing reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced at an equilibrium point in the prevailing market dynamics. Given the high model confidence in this valuation, it is evident that the demand and supply factors within the local HDB resale market maintain a stable trajectory, supported by recent transactions in the vicinity.

Analyzing the market conditions further, the valuation is substantiated by 24 recent HDB resale transactions in Ang Mo Kio, showcasing a consistent trend in pricing and buyer sentiment. The remaining lease of 50 years is a critical factor influencing both the perceived value and marketability of the unit, as potential buyers often weigh the lease term significantly in their purchasing decisions. As such, this valuation not only reflects the current market sentiment but also serves as a barometer of the broader economic conditions impacting the HDB landscape in Singapore.