Common Room (HDB) for Rent in 215 Ang Mo Kio Avenue 1

The valuation of the HDB 2-room property located in Ang Mo Kio, with a remaining lease of 49 years, is estimated at $73,249, translating to a price per square foot (PSF) of $473. This valuation reflects a market price that is consistent with the baseline, indicating a neutral market signal where demand and supply are currently balanced. The model confidence is rated as medium, suggesting that while the data is reliable, there are nuances in market dynamics that may influence future valuations.

Analysing the surrounding area, the valuation is informed by 19 recent HDB resale transactions in the vicinity, which serve as a crucial indicator of market activity. The stability in pricing is particularly noteworthy given the remaining lease term, as properties with shorter leases tend to exhibit more volatility in their values. As the market continues to evolve, potential buyers and investors should remain cognizant of the lease duration and its impact on future resale opportunities, alongside the overall health of the HDB market in Ang Mo Kio.