Common Room (HDB) for Rent in 440 Ang Mo Kio Avenue 10

The HDB 2-room unit located in Ang Mo Kio, with a remaining lease of 51 years, presents a compelling valuation of $50,077, translating to an impressive $501 per square foot (PSF). This valuation is particularly notable given the current market dynamics, which indicate a stable demand for HDB properties in this well-established neighborhood. The estimated value reflects a market price that shows no deviation from the baseline, signifying a balanced market environment where buyer expectations align closely with seller offerings.

Based on an analysis of 23 recent HDB resale transactions in the vicinity, the model confidence in this valuation is rated as high. This robust data set highlights the consistent interest in Ang Mo Kio, driven by its strategic location and the appeal of its community amenities. With the remaining lease of 51 years, potential buyers are likely to view this property as a sound investment, considering the longevity of the lease in relation to the area’s historical property appreciation trends. Thus, this valuation not only reflects current market conditions but also the enduring desirability of HDB living in Singapore.