Master Room (HDB) for Rent in 529 Hougang Avenue 6

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 59 years, reflects a calculated estimated value of $39,005, equating to a price per square foot (PSF) of $650. This valuation is grounded in robust market analysis, drawing from 114 recent HDB resale transactions in the vicinity, which provide a comprehensive view of current market dynamics. The market price remains stable, indicating a 0% difference from the baseline, suggesting a balanced demand and supply scenario in this segment.

With a high model confidence rating, this valuation underscores the resilience of the Hougang property market, particularly for HDB units. The remaining lease of 59 years positions this property within a favorable bracket, as prospective buyers often consider both the lease duration and the potential for appreciation. The consistent PSF value indicates that while the market may experience fluctuations, the demand for HDB units in this area remains steady, making it a viable investment opportunity for both homeowners and investors alike.