Room (HDB) for Rent in 549 Hougang Street 51

The valuation of the HDB 4 Room unit in Hougang, with a remaining lease of 75 years, has been meticulously assessed at an estimated value of $195,557, translating to a price per square foot (PSF) of $652. This valuation reflects the current market dynamics and is indicative of a stable demand in the local real estate segment. Given that the market price shows a 0% difference from the baseline, it suggests that this property is currently priced at the equilibrium point, highlighting a balanced market where buyer and seller expectations align.

Our analysis is bolstered by insights derived from a robust dataset of 489 recent HDB resale transactions in the vicinity, ensuring a high model confidence rating. The sustained interest in Hougang, coupled with its strategic location and community amenities, positions this property favorably within the HDB market. As Singapore's residential landscape continues to evolve, the remaining lease of 75 years offers potential homeowners a long-term investment opportunity, while also appealing to those seeking a vibrant community lifestyle. Overall, this valuation underscores the resilience and attractiveness of the HDB market in Hougang, reinforcing its status as a desirable residential choice for families and investors alike.