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

In the current analysis of the HDB 2-room unit located in the highly sought-after district of Ang Mo Kio, the estimated value stands at an impressive $65,407, translating to a price per square foot (PSF) of $503. With a remaining lease of 53 years, this property displays a compelling investment opportunity, particularly in a market characterized by stable demand for HDB flats. The valuation reflects a market price that is in line with the baseline, indicating a neutral market sentiment with no significant upward or downward pressure on pricing.

The model confidence in this valuation is categorized as high, bolstered by data drawn from 48 recent HDB resale transactions in the vicinity, providing a robust foundation for this analysis. The equilibrium observed in the pricing dynamics of the Ang Mo Kio area suggests that buyers remain keen on securing HDB properties, despite the proximity of the lease expiry. As such, the resilience of the HDB market in this region can be attributed to several factors:

• Strategic Location: Ang Mo Kio is well-positioned with access to essential amenities and public transport.
• Community Appeal: The area boasts a vibrant community and a variety of lifestyle offerings that attract families and young professionals alike.
• Limited Supply: With a finite number of HDB units available, demand continues to outstrip supply, especially in desirable districts.