Common Room (HDB) for Rent in 607 Hougang Avenue 4

The valuation of the 2-room HDB unit in Hougang, with a remaining lease of 58 years, stands at an estimated value of $95,795, which translates to a price per square foot (PSF) of $639. This assessment is derived from a robust analysis of 115 recent HDB resale transactions in the vicinity, providing a solid foundation for our valuation metrics. The market signal indicates a 0% difference from the baseline, reflecting a stable pricing environment and suggesting that this property is competitively positioned within the current market landscape.

With a high model confidence rating, the valuation underscores the resilience of the HDB market in Hougang, particularly for properties nearing the mid-point of their lease duration. As demand for HDB units remains consistent, the 58-year remaining lease is a key factor that potential buyers may consider when weighing their options. Overall, this valuation not only highlights the property’s intrinsic value but also illustrates the broader market dynamics at play, where stable pricing signals a healthy balance between supply and demand in this vibrant neighborhood.