Terraced House for Room Rent: Soo Chow Drive

The valuation of the HDB 2 Room unit in Ang Mo Kio, with a remaining lease of 67 years, stands at an estimated value of $97,115, translating to a price per square foot (PSF) of $647. This valuation is notably positioned at a market price that reflects a 0% difference from the baseline, indicating a stable market environment for HDB properties in this locality. Such stability is a testament to the resilience and enduring appeal of the Ang Mo Kio precinct, which is characterized by its robust infrastructure, accessibility, and vibrant community amenities.

With a model confidence rating of high, this valuation is supported by an analysis of 39 recent HDB resale transactions within the vicinity, providing a compelling dataset that underscores the reliability of the current market signals. The sustained interest in HDB properties, particularly in established neighborhoods like Ang Mo Kio, highlights a consistent demand among buyers, influenced by factors such as proximity to public transport, educational institutions, and shopping facilities. As the remaining lease period is a critical factor in property valuation, the 67 years left on this HDB lease contributes positively to its marketability, making it an attractive option for both first-time buyers and investors seeking to capitalize on the enduring value of HDB living in Singapore.