Common Room (HDB) for Rent in 409 Hougang Avenue 10

The valuation of the 2-room HDB property in Hougang, with a remaining lease of 57 years, stands at an estimated value of $89,221, translating to a price per square foot (PSF) of $647. This valuation reflects a stable market signal, showing a 0% difference from the baseline, indicating that the property's price is in line with current market trends. Such stability is particularly noteworthy given the dynamic nature of the Singapore real estate landscape, where fluctuations can often be observed.

With a high model confidence rating, this valuation is bolstered by a robust dataset comprising 114 recent HDB resale transactions in the vicinity. The analysis suggests that the Hougang area continues to maintain a consistent demand for HDB properties, supported by its strategic location and community amenities. As the remaining lease of 57 years offers residents a substantial tenure, this property exemplifies the balance between affordability and longevity in the HDB market, making it an attractive option for both first-time buyers and investors looking for sustainable growth in a well-established neighborhood.