4 Room (4S) HDB for Rent in 636 Hougang Avenue 8

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 60 years, stands at an estimated value of $461,910, translating to a price per square foot (PSF) of $511. This valuation is particularly noteworthy given that it aligns precisely with the current market price, indicating a 0% difference from the baseline. Such parity suggests a stable demand in the Hougang area, characterized by a balanced relationship between supply and buyer interest in the HDB segment.

However, it is essential to note that the model confidence for this valuation is categorized as low, reflecting potential volatility in the local market conditions. The analysis is further substantiated by examining three recent resale transactions in the vicinity, which provide a snapshot of current market dynamics. Buyers considering this property should take into account not only the remaining lease duration but also the broader economic factors influencing the HDB market in Singapore.