SELL & RENT HDBS IN ANG MO KIO ESTATE
Nestled in the heart of Singapore, Ang Mo Kio (宏茂桥) stands as a beloved residential area that seamlessly melds tradition with modernity.
This mature HDB estate in the Central Singapore District draws a diverse crowd thanks to its location, efficient public transit, and abundant facilities.
Some of the other HDB subzones in Ang Mo Kio HDB estate:
- Cheng San
- Chong Boon
- Kebun Baru
- Yio Chu Kang
When I was a brand new rookie agent, I had to go door knocking as part of my training. Guess where I was assigned to knock?
Ang Mo Kio HDB. Memories.
If given a chance to live in any town in Singapore, I’ll choose Ang Mo Kio a hundred times over. Its distinctive charm, tranquil gardens, and convenient transport networks are to me, unbeatable.
Ang Mo Kio Resident
QUICK LINKS
HDB ANG MO KIO BRANCH OFFICE
7 INTERESTING FACTS ABOUT ANG MO KIO HDB ESTATE
(a) A Pioneer in Public Housing:
Ang Mo Kio was among the first estates developed by the Housing and Development Board (HDB) in the 1970s. It served as a testing ground for innovative architectural styles and construction methods, playing a pivotal role in the evolution of public housing in Singapore.
(b) From Rubber Plantations to Residential Town:
Before urban development, Ang Mo Kio was known for its rubber plantations. The transformation began in the early 1970s, turning the area from agricultural land into a bustling residential town.
(c) Iconic Dragon Playground:
The dragon playground at Ang Mo Kio Avenue 3, constructed in 1979, is one of only two remaining in Singapore. This beloved landmark represents nostalgia for simpler times and has become a cultural symbol of Singapore’s heartlands.
(d) The Unique Clover Block:
Block 259 on Ang Mo Kio Avenue 2, often referred to as the “Clover Block,” stands out for its circular design. It’s the only public housing block in Singapore with this architectural feature, adding a distinct visual element to the neighborhood.
(e) Green Spaces and Sustainability Initiatives:
Ang Mo Kio is home to Bishan-Ang Mo Kio Park, a large green space perfect for outdoor activities. Initiatives like the HDB Greenprint promote urban sustainability, with features like green roofs and community gardens enhancing the area’s livability.
(f) Kebun Baru Birdsinging Club:
A unique cultural spot, the Kebun Baru Birdsinging Club attracts bird lovers who gather to display their birds and connect with the community. It’s a vibrant and sensory experience, especially on weekends and public holidays from 9:30 a.m. to 12 p.m.
(g) The Ang Mo Kio Heritage Trail:
The recently refreshed Ang Mo Kio Heritage Trail reveals the town’s rich history, showcasing its journey from rural beginnings to a modern, thriving estate. The trail highlights landmarks and stories that paint a vivid picture of life in Ang Mo Kio over the decades.
The HDB market in Ang Mo Kio remains robust, with consistent interest from potential buyers and tenants. Due to the estate’s many advantages, HDB flats here continue to be in high demand.
Are you considering selling, buying or renting out your HDB flat in Ang Mo Kio?
Or simply curious about the HDB housing scene in Ang Mo Kio?
Check out the HDB median resale prices and rental statistics for Ang Mo Kio below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN ANG MO KIO?
Quarterly Ang Mo Kio HDB Median Resale Prices up to Q3 2024
SALE ANALYSIS FOR ANG MO KIO HDB RESALE FLATS
Note: All prices shown are median resale prices. The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Ang Mo Kio’s resale market showed strong growth:
3-Room Flats:
- Starting median price (2020-Q1): $269,500
- Current median price (2024-Q3): $410,000
- Median price appreciation: 52.1% in ~4 years
Key Observations:
- Strong upward trajectory since 2020
- Crossed $400,000 mark in 2024-Q2
- Very consistent quarter-on-quarter growth
- No significant price dips in this period
4-Room Flats:
- Starting median price (2020-Q1): $397,500
- Current price (2024-Q3): $568,000
- Median price appreciation: 42.9% in ~4 years
Key Observations:
- More volatile price movements
- Crossed $600,000 mark multiple times
- Recent high of $612,900 in 2024-Q2
- Significant price jumps in 2022-2024
5-Room Flats:
- Starting median price (2020-Q1): $590,400
- Current median price (2024-Q3): $920,000
- Median price appreciation: 55.8% in ~4 years
Key Observations:
- Most volatile among all flat types
- Dramatic price increases since 2022
- Crossed $900,000 mark in 2024
- Wide price range ($555,000-$920,000) during this period
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- Starting median price (2007-Q2): $172,000
- Current median price (2024-Q3): $410,000
- Total median price appreciation: 138.4%
4-Room Flats:
- Starting median price (2007-Q2): $260,000
- Current median price (2024-Q3): $568,000
- Total median price appreciation: 118.5%
5-Room Flats:
- Starting median price (2007-Q2): $372,000
- Current median price (2024-Q3): $920,000
- Total median price appreciation: 147.3%
P.S. HDB provides the median resale price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for the 5-room HDB flats in Ang Mo Kio has some gaps. There were less than 20 transactions in those quarters.
HIGHEST RESALE PRICE
Highest resale price achieved for the different Ang Mo Kio HDB flat types in 2024-Q3:
a) HDB 3-room flat: $750,000 @ 455A Ang Mo Kio Street 44
b) HDB 4-room flat: $1,130,000 @ 591A Ang Mo Kio Street 51
c) HDB 5-room flat: $1,300,000 @ 310A Ang Mo Kio Avenue 1
d) HDB executive flat: $1,300,000 @ 611 Ang Mo Kio Avenue 5
Looking to sell your Ang Mo Kio HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
HOW ARE HDB RENTAL PRICES IN ANG MO KIO?
Quarterly Ang Mo Kio HDB Median Rental Prices up to Q3 2024
RENTAL ANALYSIS FOR ANG MO KIO HDB FLATS
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Ang Mo Kio’s rental market showed substantial growth:
3-Room Flats:
- 2020-Q1: $1,700 → 2024-Q3: $2,750
- Increase: +61.8%
4-Room Flats:
- 2020-Q1: $2,100 → 2024-Q3: $3,300
- Increase: +57.1%
5-Room Flats:
- 2020-Q1: $2,350 → 2024-Q3: $3,600
- Increase: +53.2%
Key Observations:
- Steepest rise began in 2022 due to post-pandemic demand
- 3-room flats saw highest percentage increase
- Current rental gap between flat types: $300-$550
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- 2007-Q2: $1,000 → 2024-Q3: $2,750
- Total Growth: +175%
4-Room Flats:
- 2007-Q2: $1,100 → 2024-Q3: $3,300
- Total Growth: +200%
5-Room Flats:
- 2007-Q2: $1,300 → 2024-Q3: $3,600
- Total Growth: +176.9%
HIGHEST RENT
Highest rent achieved for the different Ang Mo Kio HDB flat types in 2024-Q3:
a) HDB 3-room flat: $3,500 @ multiple locations
b) HDB 4-room flat: $4,500 @ 119 Ang Mo Kio Avenue 3
c) HDB 5-room flat: $5,000 @ 464 Ang Mo Kio Avenue 10
d) HDB executive flat: $4,200 @ 616 Ang Mo Kio Avenue 4
Looking to rent out your Ang Mo Kio HDB flat or explore your options?
I’ve helped many landlords. I can help you, too.
Check out the sales & rental trends in other HDB towns in Singapore.
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WHAT BRINGS YOU HERE TODAY?
Are you wondering what to do in today’s market?
Perhaps you already have a clear mind of what you want to do?
In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.
Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience.
