2 Room HDB for Rent in 216 Ang Mo Kio Avenue 1

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 49 years, stands at an estimated value of $189,315, translating to $473 per square foot. This valuation reflects a market signal that indicates no deviation from the baseline price, suggesting a stable demand within this segment of the HDB market. The analysis is bolstered by a review of 18 recent resale transactions in the vicinity, providing a robust foundation for this estimate.

In light of the remaining lease period, potential buyers may have concerns regarding the longevity of their investment. However, Ang Mo Kio remains a sought-after location due to its strategic connectivity and established community amenities. The medium confidence level of the model indicates a cautious optimism, as market conditions can fluctuate based on external economic factors and housing policies. Nonetheless, the stability in pricing suggests that this property holds its value well within the current market dynamics, reflecting a balanced interplay between supply and demand in Singapore's HDB landscape.