Common Room (HDB) for Rent in 114 Ang Mo Kio Avenue 4

The current valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $73,506, translating to a price per square foot (PSF) of $490. This valuation reflects a market price that shows no deviation from the baseline, indicating a steady demand and stable pricing dynamics within the area. The model's high confidence level is derived from a robust analysis based on 24 recent HDB resale transactions in the vicinity, which underscores the reliability of the data underpinning this valuation.

Ang Mo Kio is known for its strategic location and well-developed amenities, contributing to the desirability of HDB properties in this precinct. With a remaining lease of 51 years, this unit appeals to a broad spectrum of buyers, particularly those seeking affordable housing options in a mature estate. The absence of price variation from the baseline suggests a balanced market where supply meets demand effectively, yet it also highlights the potential future impact of lease decay on property value. As such, stakeholders are encouraged to consider both current market conditions and long-term lease implications when assessing investment opportunities in this region.