4 Room (4NG) HDB for Rent in 120 Hougang Avenue 1

The valuation of the HDB 4 Room unit located in the vibrant neighborhood of Hougang stands at an estimated value of $705,298, translating to a price per square foot (PSF) of $651. This valuation reflects a market signal that is in harmony with the baseline, indicating a stable demand within the Hougang vicinity. The remaining lease of 75 years positions this property favorably within the long-term residential landscape of Singapore, where lease duration remains a critical factor in buyer sentiment and investment potential.

Our analysis is supported by a robust dataset, incorporating insights from 489 recent HDB resale transactions in the area. This significant volume of transactions lends high confidence to the model used for valuation, allowing for a precise understanding of current market dynamics. The absence of price fluctuation from the baseline suggests a balanced market where supply and demand are in equilibrium, reinforcing the attractiveness of this unit as both a home and an investment asset.