Master Room (HDB) for Rent in 370 Hougang Street 31

The valuation of the HDB 2 Room unit in Hougang, with a remaining lease of 71 years, reflects a meticulous analysis of the current market dynamics and recent transactional data. Priced at an estimated value of $101,701, equating to $782 per square foot, this property is positioned strategically within a competitive market landscape. The valuation indicates a remarkable stability, with a market price showing a 0% difference from the baseline, signifying a well-balanced demand and supply situation in the local real estate sector.

With model confidence rated as high, this valuation is underpinned by a comprehensive review of 114 recent HDB resale transactions in the vicinity. The consistent performance of such properties in Hougang attests to the area's desirability and the enduring appeal of HDB living. The remaining lease of 71 years adds a layer of attractiveness for potential buyers, particularly those looking for a long-term residence in a well-established neighborhood. As the market continues to evolve, this valuation serves as a critical reference point for stakeholders navigating the intricacies of the Singaporean HDB landscape.