4 Room (4STD) HDB for Rent in 602 Hougang Avenue 4

In the current analysis of the HDB 4 Room property located in Hougang, we observe a remaining lease of 75 years, placing it within a favorable bracket for long-term investment potential. The estimated value stands at $545,486, translating to $603 per square foot. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference and suggesting stability in the immediate pricing dynamics of the area.

Despite this stability, the model confidence for this valuation is categorized as low, which warrants attention. The reliance on only two recent HDB resale transactions in the vicinity may not provide a comprehensive picture of the overall market trends. As such, potential investors should consider the broader economic indicators and local developments that may influence future valuations. The remaining lease duration remains a critical factor, as properties with longer leases tend to attract more buyers, thereby maintaining their market value more effectively over time.