Master Room (HDB) for Rent in 401 Hougang Avenue 10

The valuation of the HDB 4 Room property in Hougang, with a remaining lease of 58 years, stands at an estimated value of $77,165, translating to a price per square foot (PSF) of $514. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable demand and supply equilibrium in the current HDB resale market. Such a position suggests that buyer sentiment is aligned with seller expectations, resulting in a balanced marketplace where properties are being transacted at anticipated values.

The model confidence in this valuation is rated as high, supported by robust data derived from 489 recent HDB resale transactions in the vicinity. This extensive dataset provides a strong foundation for the analysis, allowing for precise insights into the local market dynamics. The longevity of the remaining lease is a critical factor in the valuation process, as it influences both the attractiveness of the property to potential buyers and its long-term investment viability. As the HDB market adapts to evolving consumer preferences and economic factors, properties in established neighborhoods like Hougang continue to exhibit resilience, making them a noteworthy consideration for discerning investors.