Master Room (HDB) for Rent in 309 Shunfu Road

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 58 years, stands at an estimated value of $119,685, translating to a competitive $598 per square foot (PSF). This valuation reflects a market price that is in line with the baseline, indicating a 0% difference—a strong signal of stability amidst current market dynamics. The property market in Ang Mo Kio, a well-established residential area, continues to attract interest due to its strategic location and accessibility to amenities, which in turn supports the valuation of HDB properties in the vicinity.

Our analysis is supported by data derived from 14 recent HDB resale transactions in the area, underscoring a medium confidence level in the model's accuracy. The remaining lease of 58 years is a critical factor, as properties with shorter leases generally experience a depreciation in value, while those with substantial lease periods tend to retain their attractiveness among potential buyers. As the market evolves, the balance between lease duration and competitive pricing will be pivotal in influencing future resale values, making this property a noteworthy consideration for both investors and homebuyers alike.