Common Room (HDB) for Rent in 689 Hougang Street 61

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 60 years, stands at an estimated value of $99,098, translating to a competitive $661 PSF. This valuation reflects a stable market signal, indicating a 0% difference from the baseline. Such stability suggests that the property is accurately priced within the current market dynamics, making it an attractive option for potential buyers seeking affordability in a well-established residential area.

Our analysis is bolstered by a robust dataset of 115 recent HDB resale transactions in the vicinity, which lends a high level of confidence to this valuation. The consistency observed in the pricing trends underscores the resilience of the Hougang market, particularly for properties with longer remaining leases. As Singapore's real estate landscape continues to evolve, properties like this HDB unit offer an appealing entry point for first-time buyers and investors, reflecting both the enduring demand for public housing and the strategic importance of location within the broader context of Singapore's urban development.