Master Room (HDB) for Rent in 602 Hougang Avenue 4

The HDB 2-room property located in Hougang, with a remaining lease of 58 years, has been assessed at an estimated value of $127,726, translating to a price per square foot of $639. This valuation reflects a stable market signal, with a market price showing no deviation from the established baseline. Such stability is indicative of a balanced supply and demand dynamic within the local HDB resale market, particularly in a well-connected and mature estate like Hougang.

The valuation is grounded in robust analytical methodologies, drawing insights from 115 recent HDB resale transactions within the vicinity. This significant sample size enhances the model's confidence, which stands at a high level. The consistent pricing observed in this segment is a testament to the enduring attractiveness of HDB flats in Hougang, where the integration of community amenities and transport connectivity continues to appeal to both first-time buyers and investors. As the real estate landscape evolves, properties with longer remaining lease periods, such as this 58-year leasehold, remain particularly attractive, providing potential homeowners with ample time to enjoy their investment before lease expiration.