Common Room (HDB) for Rent in 2 Hougang Avenue 3

The valuation of the HDB 2-room unit located in Hougang, with a remaining lease of 75 years, stands at an estimated value of $97,183, translating to approximately $810 PSF. This valuation indicates a stable position within the local market, as the current market price shows a 0% difference from the baseline, suggesting a balanced equilibrium between supply and demand in this segment. Such stability is underscored by a robust model confidence rating categorized as High, reinforcing the reliability of the estimation.

Analyzing the context of this valuation, it is noteworthy that it is based on an extensive dataset of 114 recent HDB resale transactions in the vicinity. This comprehensive analysis reflects the prevailing market dynamics in Hougang, where the combination of a favorable remaining lease and consistent transaction activity signals a resilient demand for HDB properties. Buyers in this area can be assured of a sound investment, given the healthy market conditions and the longevity offered by the remaining lease.