3 Room (3A) HDB for Rent in 174A Hougang Avenue 1

The valuation of the 3-room HDB unit in Hougang, with a remaining lease of 87 years, stands at an estimated value of $512,949, translating to a price per square foot (PSF) of $721. This assessment reflects a market price that shows a 0% difference from the baseline, indicating a stable market environment without significant upward or downward pressure on pricing. The resilience in pricing is noteworthy, especially given the ongoing fluctuations in the broader real estate landscape.

However, it is essential to highlight the model confidence in this valuation is categorized as low, suggesting that the data may be influenced by limited recent transactions, specifically based on only 7 recent HDB resale transactions in the vicinity. This low confidence level underscores the importance of considering local market dynamics, including demand and supply, economic conditions, and buyer sentiment, which can fluctuate significantly over time. As such, potential investors should remain vigilant and conduct thorough due diligence when evaluating opportunities within this segment of the HDB market in Hougang.