Common Room (HDB) for Rent in 150 Ang Mo Kio Avenue 5

The valuation of the HDB 2 Room unit in Ang Mo Kio, with a remaining lease of 54 years, stands at an estimated value of $31,429, translating to a price per square foot (PSF) of $524. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this region. The absence of a differential from the baseline suggests that the property is currently positioned within the expected market range, taking into account the prevailing economic conditions and buyer sentiment.

Our analysis is substantiated by an examination of 19 recent HDB resale transactions within close proximity, which provides a robust dataset for comparative evaluation. The model confidence level is categorized as medium, acknowledging the inherent variability in the market dynamics influenced by factors such as remaining lease tenure, location desirability, and buyer preferences. The 54-year lease remains a critical consideration for prospective buyers, as it affects both the property’s appreciation potential and financing options. As such, while the valuation is consistent with market trends, investors should remain cognizant of the implications of lease duration on long-term value retention in the evolving landscape of Singapore's real estate market.