3 Room (3A) HDB for Rent in 919 Hougang Avenue 4

The valuation of the HDB 3-room unit in Hougang, with a remaining lease of 69 years, stands at an estimated value of $521,874, translating to a price per square foot (PSF) of $652. This valuation reflects a stable market signal as it shows a 0% difference from the baseline, indicating that the property is priced in line with current market dynamics. The absence of any significant deviation from the baseline suggests a balanced demand and supply scenario within the Hougang vicinity.

Analyzing the broader market, this valuation is derived from the assessment of 14 recent HDB resale transactions in the area, providing a reliable dataset for comparative analysis. The model confidence is rated as medium, which indicates a fair level of certainty regarding the projected value, albeit with some variability inherent in the local market conditions. As the remaining lease of 69 years is a vital consideration for potential buyers, it is essential to note that properties with a lease tenure of this length typically maintain attractiveness in the resale market, particularly in a well-connected and established neighborhood like Hougang.