Common Room (HDB) for Rent in 624 Ang Mo Kio Avenue 4

The valuation of the 4-room HDB unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $52,041, translating to a price per square foot (PSF) of $520. This valuation reflects a market price that is in alignment with the baseline, indicating a stable demand for HDB properties in this sought-after neighbourhood. The HDB market in Ang Mo Kio is characterized by its strategic location, excellent connectivity, and robust amenities, which consistently attract both homeowners and investors alike.

Our analysis, grounded in data from 500 recent HDB resale transactions in the vicinity, underpins a high model confidence in this valuation. The absence of any significant deviation from the baseline price suggests that the property market in Ang Mo Kio remains resilient, despite broader economic fluctuations. As the remaining lease of the property is a crucial factor influencing buyer sentiment, the 53-year lease offers a balance of longevity and accessibility, which is appealing to potential purchasers looking for stability in their investment. The current market dynamics indicate a healthy equilibrium, with sustained interest in HDB units, further affirming the strategic value of this property.