Common Room (HDB) for Rent in 549 Ang Mo Kio Avenue 10

The valuation of the HDB 2 Room unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $78,061, translating to a price per square foot (PSF) of $520. This valuation reflects a stable market condition, with no deviation from the baseline market price, indicating a balanced supply-demand scenario in the area. Such a price point suggests that the property is positioned competitively within the local market, appealing to both first-time buyers and investors looking for stable returns in the HDB sector.

With a model confidence rating classified as high, the valuation is supported by an analysis of 23 recent HDB resale transactions in the vicinity, which further reinforces the reliability of this assessment. The consistency in market pricing underscores a resilient demand for properties in Ang Mo Kio, a well-established residential precinct known for its accessibility and community amenities. As the remaining lease period is a critical factor in HDB valuations, the 53-year lease offers a reasonable tenure for potential buyers, making this unit an attractive proposition amidst ongoing urban developments and demographic shifts in Singapore.