Studio HDB for Rent in 428 Ang Mo Kio Avenue 3

The valuation of the HDB 2-room unit in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $172,840, equating to $494 PSF. This price reflects a notable stability in the current market, with the property exhibiting a market price that reveals a 0% difference from the baseline. Such a figure indicates an equilibrium in demand and supply dynamics within the local real estate landscape, suggesting that this property is positioned favorably amidst the ongoing trends in HDB resale transactions.

Our analysis is grounded in a thorough examination of 24 recent HDB resale transactions in the vicinity, showcasing a high level of model confidence in the valuation. The remaining lease of 51 years, while significant, continues to attract interest from potential buyers, particularly as Ang Mo Kio remains a sought-after location due to its accessibility and vibrant community amenities. This HDB unit not only reflects the current market conditions but also demonstrates resilience, making it an attractive proposition for both homeowners and investors looking to capitalize on the enduring appeal of the area.