Common Room (HDB) for Rent in 216 Ang Mo Kio Avenue 1

The current valuation of the HDB 4-room unit in Ang Mo Kio, pegged at an estimated value of $36,222 or $402 per square foot, reflects a stable market environment with a zero percent difference from the baseline price. This valuation is underpinned by a robust analysis of 161 recent HDB resale transactions in the vicinity, providing a reliable data set that highlights market trends and buyer sentiment in this well-regarded locale. The remaining lease of 49 years is a critical factor in the valuation, as it positions the property within a competitive segment of the HDB market, where buyers often weigh the balance between lease duration and investment potential.

The high model confidence further reinforces the credibility of this valuation, signaling a sustained demand for properties in Ang Mo Kio, known for its accessibility and vibrant community amenities. As the HDB market continues to evolve, the stability observed in this specific transaction suggests that prospective buyers remain undeterred by the relatively shorter lease, likely due to the area's enduring appeal and strategic location. Overall, this valuation serves as a benchmark for similar properties in the region, indicating a resilient market narrative amidst changing economic conditions.