4-Room HDB for Room Rent: 251 Hougang Avenue 3

The valuation of the 4-room HDB unit in Hougang, with a remaining lease of 57 years, is estimated at $70,732, translating to a price per square foot (PSF) of $472. This valuation is indicative of a stable market condition, as it reflects a market price that shows a 0% difference from the baseline. Such stability suggests that the property is competitively priced within the current market landscape, driven by consistent demand in the area.

With a strong model confidence rating categorized as High, this valuation is supported by an analysis of 151 recent HDB resale transactions in the vicinity. The data indicates a robust market environment, characterized by steady buyer interest and activity. Furthermore, the remaining lease of 57 years positions this property advantageously within the HDB market, balancing longevity with affordability. As the property market continues to evolve, this unit stands as a resilient investment opportunity, reflecting both the dynamics of leasehold properties and the ongoing trends in urban living in Singapore.