Master Room (HDB) for Rent in 602 Ang Mo Kio Avenue 5

The valuation of the subject HDB 4-room unit in Ang Mo Kio, with a remaining lease of 53 years, stands at an estimated value of $67,595, translating to a price per square foot (PSF) of $520. This valuation is particularly noteworthy given that it reflects a market price that is in alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests a well-balanced demand-supply dynamic within the Ang Mo Kio precinct, a locale renowned for its accessibility, amenities, and community-centric living.

With a robust model confidence rating of high, this valuation is supported by an extensive analysis of 500 recent HDB resale transactions in the vicinity, reinforcing the reliability of the findings. The remaining lease of 53 years is a critical factor in the valuation, as it delineates the potential for future market interest and resale opportunities. In the context of Singapore's evolving real estate landscape, where lease tenure plays a pivotal role in buyer sentiment, this property exemplifies a viable investment option for both first-time buyers and seasoned investors looking to capitalize on the enduring appeal of Ang Mo Kio.