4-Room HDB for Room Rent: 304 Hougang Avenue 5

The valuation of the HDB 4-room property in Hougang, with a remaining lease of 56 years, stands at an estimated value of $68,691, translating to a price per square foot (PSF) of $458. This valuation is particularly significant given the current market dynamics, where the property's estimated value reflects a 0% deviation from the baseline market price. Such stability in pricing indicates a balanced market environment, where demand and supply are closely aligned, bolstered by the property's strategic location within a well-established residential precinct.

Our analysis is grounded in a robust dataset, comprising 105 recent HDB resale transactions in the vicinity, which lends a high level of confidence to the model's accuracy. The 56-year remaining lease offers potential homeowners a substantial tenure in a vibrant neighborhood, making it an attractive option for both first-time buyers and investors. As the market continues to evolve, this property exemplifies the resilience and appeal of HDB flats in Singapore, particularly in areas like Hougang that are experiencing consistent demand.