Common Room (HDB) for Rent in 308B Ang Mo Kio Avenue 1

The valuation of the HDB 2 Room unit in Ang Mo Kio, with a remaining lease of 50 years, stands at an estimated value of $29,457, translating to a price per square foot (PSF) of $491. This valuation is particularly significant, as it reflects market stability, evidenced by a market price that shows no deviation from the baseline. Such equilibrium in the pricing dynamics suggests a well-balanced supply and demand scenario in the Ang Mo Kio region, which is historically regarded as a desirable location for both homeowners and investors.

With model confidence rated as high, the valuation is underpinned by robust data derived from 23 recent HDB resale transactions in the vicinity. This strong data set reinforces the reliability of the estimated value, indicating that potential buyers can expect a consistent market performance in the near future. The remaining lease of 50 years, while presenting a moderate term, is complemented by the area's growing amenities and infrastructure developments, ensuring that the property remains appealing in the competitive landscape of Singapore's HDB market.