3 Room (3I) HDB for Rent in 2 Hougang Avenue 3

The valuation of the HDB 3-room unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $354,401, translating to a price per square foot (PSF) of $659. This valuation reflects a market signal that indicates a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market prices. The stability in pricing indicates a balanced demand and supply dynamic in the Hougang area, reinforcing the unit's valuation amidst a competitive HDB market.

Our analysis is bolstered by data from 482 recent HDB resale transactions in the vicinity, which provides a robust foundation for the high confidence level attributed to this valuation model. The enduring lease period of 75 years contributes positively to the property’s appeal, particularly among potential buyers who prioritize longevity and investment potential in their housing choices. This HDB's strategic location within a vibrant neighborhood further enhances its desirability, making it a compelling option for both owner-occupiers and investors in Singapore's dynamic real estate landscape.