4-Room HDB for Room Rent: 953 Hougang Avenue 9

The 4-room HDB property located in Hougang, with a remaining lease of 70 years, presents a valuation of approximately $60,725, translating to a price per square foot (PSF) of $607. This valuation is notably aligned with the current market price, indicating a 0% deviation from the established baseline. Such stability in pricing signals a robust demand for HDB properties in this area, reinforcing the notion that Hougang remains a sought-after residential enclave within Singapore's dynamic property landscape.

The model confidence for this valuation is rated as high, based on an extensive analysis of 487 recent HDB resale transactions in the vicinity. This substantial dataset not only underscores the reliability of the estimated value but also reflects the consistent market dynamics that govern property prices in Hougang. The sustained demand for HDB units, alongside a favorable remaining lease term, positions this property as an attractive option for both potential homeowners and investors seeking stability in their real estate portfolio.