Terraced House for Room Rent: Yew Lian Park

In the vibrant district of Ang Mo Kio, the valuation of a 2-room HDB unit reflects a nuanced understanding of the current market dynamics and the inherent value of leasehold properties. With a remaining lease of 63 years, the estimated value stands at $136,610, translating to a price per square foot (PSF) of $621. This valuation is notably aligned with the market price, indicating a 0% difference from the baseline, which suggests a stable and competitive market environment for HDB properties in this locality.

The high model confidence, derived from a robust analysis of 39 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. This level of confidence is indicative of a consistent demand for HDB units, particularly in Ang Mo Kio, where the blend of accessibility, community amenities, and future development plans enhance the overall desirability of the area. As the market continues to evolve, the remaining lease of this property remains a critical factor in sustaining its value, ensuring that potential buyers are making informed decisions in a well-regulated and dynamic property landscape.