Room (HDB) for Rent in 101 Hougang Avenue 1

The valuation of the HDB 2-room unit located in Hougang demonstrates a robust market positioning with an estimated value of $123,322, translating to a price per square foot (PSF) of $617. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a stable demand within the region. The remaining lease period of 56 years is a critical factor in this valuation, as it provides a significant window for potential buyers looking for long-term investment opportunities in a well-established neighborhood.

Our analysis is reinforced by data drawn from 115 recent HDB resale transactions in the vicinity, which supports a high model confidence in this valuation. The Hougang area remains a desirable locale, characterized by its vibrant community and accessibility to essential amenities. With a market signal showing no deviation from the baseline price, this property represents a sound investment, appealing to both first-time homebuyers and seasoned investors alike. The stability in pricing coupled with the remaining lease period positions this property favorably within the current market dynamics.