Common Room (HDB) for Rent in 504 Ang Mo Kio Avenue 8

This valuation report presents an analytical overview of a 4-room HDB unit located in the thriving precinct of Ang Mo Kio, with a remaining lease of 53 years. The estimated value of the property is pegged at $95,464, translating to a competitive $530 per square foot (PSF). This valuation reflects the current market dynamics, indicating a market price equilibrium with a 0% difference from the baseline, suggesting that the property is well-aligned with prevailing market sentiments and buyer expectations.

The model confidence for this valuation is categorized as high, based on a robust analysis of 500 recent HDB resale transactions within the vicinity. This extensive dataset provides a solid foundation for understanding the local real estate landscape and reinforces the credibility of the estimated value. With a remaining lease of 53 years, this property appeals to a broad segment of buyers, particularly those looking for a balance between affordability and the potential for future appreciation. The stability in pricing signals a resilient market, where demand continues to meet supply, thereby fostering an optimistic outlook for prospective investors and homeowners alike.