3 Room HDB for Rent in 974 Hougang Street 91

The valuation of the HDB 3-room property in Hougang, with a remaining lease of 71 years, stands at an estimated value of $931,117, translating to a price per square foot (PSF) of $621. This valuation reflects a market position that is currently in equilibrium, as indicated by the 0% difference from the baseline. Such stability in pricing suggests a robust demand-supply dynamic, where the property market in Hougang remains resilient despite broader economic fluctuations.

Analyzing the valuation through the lens of recent market activity, it is noteworthy that this estimate is grounded in data from 485 recent HDB resale transactions in the vicinity. The high level of model confidence associated with this valuation indicates that the property is well-positioned within the market, benefiting from the area's ongoing urban development and infrastructure improvements. These factors contribute to the desirability of the Hougang locale, making it an attractive option for both homeowners and investors seeking stability in their real estate portfolios.