Common Room (HDB) for Rent in 413 Hougang Avenue 10

In the current property landscape of Singapore, this HDB 2 Room unit in Hougang, with a remaining lease of 58 years, exhibits a stable valuation of $76,637, translating to a price per square foot (PSF) of $639. The valuation reflects a neutral market signal, indicating a 0% difference from the baseline, which suggests that the pricing is well-aligned with the prevailing market trends. This equilibrium points to a balanced demand and supply scenario, providing potential buyers and investors with a sense of stability in their investment.

The model confidence for this valuation is rated as high, based on a robust analysis of 117 recent HDB resale transactions within the vicinity. This extensive dataset reinforces the reliability of the valuation, showcasing consistent sales activity and pricing trends in the Hougang area. As the market continues to evolve, the remaining lease of 58 years remains a critical factor influencing buyer sentiment, particularly among those considering long-term residency or investment potential. Overall, this valuation serves as a strong indicator of the current market dynamics and the enduring appeal of HDB properties in Singapore.