Common Room (HDB) for Rent in 428 Ang Mo Kio Avenue 3

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 51 years, reflects a meticulously calculated estimate of $59,259, translating to $494 PSF. This valuation is grounded in robust data analysis, considering 48 recent HDB resale transactions in the immediate vicinity, which underscores the property’s competitive positioning within the market. With a market price reflecting a 0% difference from the baseline, this signals a stable demand and supply equilibrium for similar units in the area.

Ang Mo Kio, a well-established residential precinct, continues to demonstrate resilience in its HDB market, despite the diminishing lease term. The high model confidence indicates a reliable assessment that takes into account various market dynamics and trends. Prospective buyers and investors can therefore expect consistent performance, as the local market adapts to the evolving landscape of HDB living. This valuation not only highlights the property’s immediate value but also its potential for future appreciation, provided market conditions remain favorable.