Terraced House for Room Rent: Upper Thomson MRT landed room for rent

In the dynamic landscape of Singapore’s real estate market, the valuation of a HDB 2 Room unit in Ang Mo Kio, with a remaining lease of 71 years, presents a compelling case for both investors and homebuyers. The estimated value of $84,094, equating to $701 per square foot, positions this property within a highly competitive segment of the market. The valuation reflects a market price that shows no deviation from the established baseline, indicating a stable demand for HDB properties in this sought-after precinct.

The model confidence for this valuation is rated as high, bolstered by a robust dataset of 36 recent resale transactions in the vicinity. This strong analytical foundation not only enhances the reliability of the estimated value but also underscores the resilience of the Ang Mo Kio market amidst broader economic fluctuations. The remaining lease of 71 years, while significant, is still well within the acceptable threshold for buyers looking to invest in a property that offers both potential for capital appreciation and a comfortable living environment. Overall, this valuation encapsulates the interplay between lease duration and market dynamics, making it a noteworthy consideration for stakeholders in the local real estate market.