Common Room (HDB) for Rent in 104B Ang Mo Kio Street 11

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $58,914, translating to a price per square foot (PSF) of $491. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand within this segment of the housing market. The market signal demonstrates a 0% difference from this baseline, suggesting that the property is priced competitively in relation to recent sales in the area.

Analysis of 23 recent HDB resale transactions in the vicinity reinforces the model's high confidence score in this valuation. Ang Mo Kio, known for its accessibility and a wide array of amenities, continues to attract potential buyers despite the diminishing lease period. The dynamics of the HDB market in this region suggest that properties with a remaining lease of over 50 years still hold significant appeal, particularly for first-time buyers and investors seeking long-term appreciation. Therefore, this valuation not only reflects current market conditions but also underscores the resilience of the HDB sector in Ang Mo Kio amidst evolving housing preferences.