Master Room (HDB) for Rent in 241 Hougang Street 22

The valuation of the 2-room HDB unit in Hougang, positioned at an estimated value of $81,584 or $628 per square foot, reflects a stable market condition with a notable alignment to the baseline price, indicating a 0% difference. This consistency suggests a well-balanced demand and supply dynamic in the Hougang area, which has been further supported by the analysis of 114 recent HDB resale transactions in the vicinity. Such transactions provide a robust dataset that underpins the confidence in this valuation, categorized as high.

With a remaining lease of 57 years, this property is situated within a significant period of tenure that remains attractive to potential buyers, particularly first-time homeowners and investors looking for stable long-term returns. The Hougang locality, known for its vibrant community and comprehensive amenities, contributes positively to the valuation metrics observed. As the market continues to evolve, the resilience demonstrated by this HDB unit underscores the importance of location and lease tenure in shaping property values in Singapore's dynamic real estate landscape.