5-Room HDB for Room Rent: 409 Hougang Avenue 10

The valuation of the HDB 5-room unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $69,225, translating to a price per square foot (PSF) of $502. This valuation is reflective of a stable market signal, indicating a 0% difference from the baseline price. Such stability suggests that the property is well-aligned with current market expectations, underscoring the resilience of the HDB market in this region.

With the analysis based on 488 recent HDB resale transactions in the vicinity, the model’s confidence level is rated as high, providing a robust foundation for this valuation. The remaining lease of 57 years is a critical factor, as it balances the potential for future appreciation against the typical considerations associated with leasehold properties. As demand for HDB units in Hougang remains steady, this particular property exemplifies the ongoing appeal of HDB living in Singapore, catering to both end-users and investors seeking long-term value in a dynamic market.