4-Room HDB for Room Rent: 109 Hougang Avenue 1

The valuation of the HDB 4 Room in Hougang, with a remaining lease of 55 years, is estimated at $47,979, translating to a price per square foot (PSF) of $444. This valuation is a critical reflection of the current market dynamics, indicating a stability in pricing as evidenced by the 0% difference from the baseline market price. The robust model confidence rating of High further reinforces the reliability of this valuation, grounded in an analysis of 71 recent HDB resale transactions in the vicinity.

The Hougang area has demonstrated resilience in its housing market, with steady demand for HDB properties. The remaining lease of 55 years is a significant factor for potential buyers, as it positions the property within a favorable timeframe for both investment and occupancy. As lease durations influence market perception and pricing, this valuation reflects a well-balanced assessment of the property’s current standing amid the broader market trends. Investors and homeowners alike should note the importance of lease longevity when considering future value appreciation and market liquidity.