Common Room (HDB) for Rent in 438 Ang Mo Kio Avenue 10

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 52 years, stands at an estimated value of $61,271, translating to a competitive price of $511 per square foot. This valuation reflects a nuanced understanding of the property market dynamics in this popular district, known for its accessibility and community amenities. Given the significant demand for HDB units in Ang Mo Kio, the property’s market signal indicates a stable pricing environment, with no deviation from the baseline prices observed in recent transactions.

The model confidence for this valuation is classified as high, bolstered by a robust dataset comprising 23 recent HDB resale transactions in the vicinity. This analytical rigor underscores the resilience of the Ang Mo Kio market, particularly for properties with mid-range leases. As we continue to observe the evolving landscape of the real estate market, the stability of this valuation suggests that prospective buyers may find this HDB unit an attractive investment, particularly considering the long-term viability of the remaining lease.