622 Ang Mo Kio Avenue 9 HDB Price Trends and Resale Analysis
622 Ang Mo Kio Avenue 9 HDB features stable resale prices with 4-room units at around $608,888 ($566 psf) in 2025 and 5-room units peaking at $688,000 ($529 psf) in 2023, showing modest growth amid Singapore's cooling market.[1][2][4]
This cluster article dives into 622 Ang Mo Kio Avenue 9 HDB Price Trends and Resale Analysis, providing actionable insights for buyers and investors. It connects to our pillar guide on Ang Mo Kio HDB for sale, offering tactical data on HDB resale flats in this mature estate. At Homejourney, we prioritize verified information to ensure your property journey is safe and transparent.
Overview of 622 Ang Mo Kio Avenue 9
Built in 1980, Block 622 Ang Mo Kio Avenue 9 (S560622) is a 12-storey HDB block offering 4-room (100 sqm) and 5-room (121-125 sqm) New Generation and Improved units under a 99-year leasehold, with about 62 years remaining as of 2026.[2]
Located near Ang Mo Kio MRT (NS14, 10-minute walk from Exit B), it's ideal for families seeking convenience in Yishun-Ang Mo Kio's family-friendly zone. Amenities include Mayflower MRT (upcoming), nearby wet markets, and CHIJ Our Lady of the Nativity school (5-minute walk). Homejourney verifies these details for trustworthy decisions.[5]
Resale activity remains steady, with 1-2 transactions yearly, appealing to first-timers under HDB's resale rules and investors eyeing rental yields of $3,800-$4,300 monthly for 5-room units.[1][3]
Recent Price Trends (2020-2026)
622 Ang Mo Kio Avenue 9 HDB Price Trends indicate resilience: 4-room prices rose from $415,000 ($386 psf) in Jul 2023 to $608,888 ($566 psf) in May 2025, a 47% jump.[1][3][4]
5-room units traded between $650,000-$688,000 ($483-$529 psf) from 2022-2023, stabilizing post-2024 cooling measures.[2][4] Year-on-year, psf grew ~5-10% pre-2024, now flat due to ABSD hikes and MSR/TDSR limits.[1]
| Year | 4-Room Avg Price (psf) | 5-Room Avg Price (psf) |
|---|---|---|
| 2025 | $608,888 ($566) | - |
| 2023 | $415,000 ($386) | $678,000 ($521) |
| 2022 | - | $650,000 ($484) |
| 2021 | - | $608,000 ($467) |
Data sourced from verified transactions; expect 2026 prices to hover at $600k-$700k amid steady demand.[1][2][4]
Resale Transaction Analysis
Key resales: May 2025 4-room (#4-XX) at $608,888; Aug 2023 5-room (#7-XX) at $688,000 (highest); Jul 2023 4-room at $415,000 (lowest recent).[1][2][4]
Higher floors command 5-10% premiums (e.g., #10-XX at $515,000 in Sep 2023).[4] Compare via Projects Directory ">Homejourney's projects directory for Ang Mo Kio flat benchmarks.
- Volume: Low (1-3/year), signaling selective buyers.
- PSF Growth: 4-room +46% (2023-2025); 5-room steady post-peak.
- Lease Decay: Minimal impact yet with 62 years left; suits under-35 buyers.
For financing, check Bank Rates ">Homejourney bank rates and HDB loan LTV (75% for first-timers).[5]
Rental Trends and Investment Potential
Rentals average $3,783 for 5-room ($2,600-$4,300 range, latest Jan 2025 at $4,000).[2][3] Yields ~4-5%, boosted by proximity to Nanyang Polytechnic (8-min walk).
Investors: Positive cashflow possible with CPF Ordinary Account usage, but factor ABSD (60% for foreigners) and TDSR (55% debt cap).[1] Link to 424C Yishun Ave 11 HDB Investment: Growth Potential Analysis | Homejourney ">Yishun HDB investment analysis for regional comps.
Buying 622 Ang Mo Kio Avenue 9: Step-by-Step Guide
Step 1: Verify eligibility (HDB Flat Eligibility Letter via Property Search ">Homejourney property search).[5]
Step 2: Budget: $600k-$700k + 4% ABSD (first-timer), BSD ($18k-$27k). Use CPF up to purchase price minus housing grant.
Step 3: Inspect: Check for renovations (common in 1980s blocks); insist on HDB compliance.
Step 4: Finance: MSR 30% for HDB; explore options at Mortgage Rates ">Homejourney mortgage rates.
Step 5: Close: 8-12 weeks; engage Homejourney for verified agents prioritizing safety.
- Obtain HDB approval (1 week).
- Pay option fee (1-4% of price).
- Legal completion.
Post-purchase, maintain with Aircon Services ">Homejourney aircon services.
Pros, Cons, and Decision Framework
| Pros | Cons |
|---|---|
| Excellent connectivity (Ang Mo Kio Hub 12-min walk) | Lease decay (monitor for SERS) |
| Stable flat prices in mature estate | Competition from nearby BTOs |
| Strong rental demand | Renovation costs (~$20k-$40k) |
Weigh factors: Prioritize location if family-oriented; opt for newer blocks if lease-sensitive. See 622 Ang Mo Kio Ave 9 HDB For Sale: Ultimate Resale Guide | Homejourney ">622 Ang Mo Kio Ave 9 HDB for sale guide.
Common Mistakes and Insider Tips
Avoid overpaying on low-floor units (10% discount typical).[4] Insider tip: Units facing north get better breeze; check via site visits (Sundays best, pre-10am).
- Mistake: Ignoring resale levy ($5k+ for decoration excess).
- Tip: Use Homejourney for verified Ang Mo Kio for sale listings.
- Red flag: Seller rushing without HDB TP14 form.
Disclaimer: This is not financial advice; consult HDB/URA professionals. Data current as of 2026.[1][2]
Financial Breakdown for Buyers
Example 5-room $680k: Downpayment 25% ($170k, CPF ok), monthly ~$2,500 (2.75% rate, 25yr). Hidden: $5k-$10k legal/valuation. Track via Bank Rates ">Homejourney bank rates.
FAQ
What are the latest 622 Ang Mo Kio Avenue 9 resale prices?
4-room: $608,888 (2025); 5-room: up to $688,000 (2023).[1][4]
Is 622 Ang Mo Kio Avenue 9 good for investment?
Yes, with 4-5% yields and stable Ang Mo Kio HDB for sale demand, but check lease.[2][3]
How to buy HDB resale here?
Get eligibility, search Property Search ">Homejourney property search, finance via HDB/banks.[5]
What are rental trends?
$3,800-$4,300 for 5-room (2024-2025).[3]
Any upcoming developments nearby?
Mayflower MRT enhances value; monitor URA master plan.[5]
Ready to explore 622 Ang Mo Kio Avenue 9 for sale? Start your safe journey on Homejourney today—search verified listings and get personalized advice. Link back to our Ang Mo Kio HDB for sale pillar for comprehensive insights.
