4-Room HDB for Room Rent: 239 Hougang Street 22

This analytical report focuses on a 4-room HDB property located in the vibrant district of Hougang, which boasts a remaining lease of 57 years. The estimated value of this unit stands at $85,909, translating to a price per square foot (PSF) of $505. With a market signal indicating a 0% difference from the baseline, this property is positioned within a stable pricing environment, reflecting current market conditions accurately.

The model confidence level is categorized as high, drawing insights from a robust dataset comprising 489 recent HDB resale transactions in the vicinity. This extensive analysis suggests that the valuation aligns well with prevailing market dynamics, reinforcing the attractiveness of the property for potential buyers and investors. As the remaining lease plays a critical role in HDB valuations, the 57-year tenure offers a balanced opportunity for future appreciation, particularly in a neighborhood known for its connectivity and community amenities.