4-Room HDB for Room Rent: 586 Cheng San Court.

The valuation of the 4-room HDB unit located in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $42,819, translating to an impressive $428 per square foot (PSF). This valuation, being aligned with the baseline market price, indicates a stable demand within this sought-after residential enclave. The absence of any significant deviation from the baseline suggests a balanced market environment, where supply meets demand effectively, affirming the resilience of HDB properties in the region.

Our analysis is underpinned by a robust dataset comprising 277 recent HDB resale transactions in the vicinity, reflecting a high model confidence level. This extensive data not only reinforces the credibility of the valuation but also highlights the consistent interest in Ang Mo Kio as a prime residential locale. The remaining lease period, although moderately lower than some newer developments, continues to attract buyers due to the strategic location, community amenities, and established public transport networks that define this vibrant district.