3-Room HDB for Room Rent: 301 Hougang Avenue 5

The valuation of the HDB 3 Room unit in Hougang, with a remaining lease of 56 years, stands at an estimated value of $60,658, translating to a price per square foot (PSF) of $505. This valuation reflects a stable market condition, as indicated by the market price showing a 0% difference from the baseline. Such stability suggests a balanced demand and supply dynamic in the area, reinforcing confidence in the valuation metrics derived from recent transactions.

With model confidence rated as high, this assessment is supported by a robust dataset of 216 recent HDB resale transactions in the vicinity. The consistent pricing observed indicates that buyers are willing to engage at current levels, despite the diminishing lease duration. This trend is particularly significant in Hougang, an area known for its accessibility and community-centric amenities, which continues to attract both owner-occupiers and investors. As leasehold properties approach their expiry, the market tends to re-evaluate their intrinsic value, yet the current market signals imply a resilient interest in the HDB segment, maintaining equilibrium in pricing.