3-Room HDB for Room Rent: 118 Ang Mo Kio Avenue 4

The HDB 3-room property located in Ang Mo Kio, with a remaining lease of 50 years, presents a notable valuation of $82,019, translating to a price per square foot of $410. This valuation aligns precisely with the current market baseline, indicating a stable demand in the area. The absence of variance from the baseline price underscores a balanced market dynamic, where buyers and sellers are operating within an equilibrium, reflecting the overall health of the HDB resale landscape in this matured precinct.

With a high model confidence rating based on a comprehensive analysis of 469 recent HDB resale transactions in the vicinity, this valuation is not only reliable but also reflective of the broader market trends. The 50-year lease remaining on the property serves as a critical factor in its valuation, as potential buyers often weigh lease tenure heavily in their decision-making process. As Ang Mo Kio continues to evolve, maintaining its status as a sought-after residential hub, this property stands as a testament to the enduring appeal of HDB flats in Singapore’s real estate narrative.