4 Room (4NG) HDB for Rent in 307 Hougang Avenue 5

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 72 years, stands at an estimated value of $583,104, translating to a price per square foot (PSF) of $602. This valuation is particularly noteworthy given that it reflects a market price that is in perfect alignment with the baseline, indicating a equilibrium state in the local real estate market. Such stability suggests that the property is well-positioned in terms of demand and supply dynamics, making it an attractive option for both investors and homeowners alike.

With a model confidence rating of high, this valuation is supported by a robust analysis of 84 recent HDB resale transactions in the surrounding area. The consistent market activity reinforces the sentiment that Hougang remains a sought-after locale, characterized by its accessibility and community amenities. As the remaining lease is a critical factor in HDB valuations, the 72 years left on this property provides a favorable outlook for prospective buyers, ensuring longevity in their investment as the property continues to appreciate in the context of Singapore's evolving real estate landscape.