Common Room (HDB) for Rent in 117 Ang Mo Kio Avenue 4

The valuation of the 2-room HDB unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $98,009, translating to a price per square foot (PSF) of $490. This valuation reflects a robust alignment with the current market dynamics, showing a 0% deviation from the baseline market price. Such stability indicates a balanced demand and supply scenario in the region, suggesting that the property remains an attractive option for both homebuyers and investors alike.

With model confidence rated as high, the valuation is supported by a thorough analysis of 24 recent HDB resale transactions in the vicinity, which reinforces the reliability of the market signal. The longevity of the remaining lease is a critical factor, as properties with more than 50 years of remaining lease tend to retain their value better, particularly in established neighborhoods like Ang Mo Kio. This area is known for its strong community infrastructure and accessibility, further enhancing the desirability of the property. As such, the valuation not only reflects current market conditions but also positions the unit favorably for future appreciation potential.