3 Room (3NG) HDB for Rent in 115 Hougang Avenue 1

In the vibrant precinct of Hougang, the valuation of a 3-room HDB unit stands at approximately $327,979, translating to a price per square foot of $455. With a remaining lease of 54 years, this property reflects a stable investment in a well-established residential area. The valuation indicates a market price that aligns closely with the baseline, showcasing a 0% difference. This suggests a balanced market condition where demand and supply are currently in equilibrium, providing a reliable entry point for prospective buyers.

Analysis of recent market activity reveals that this valuation is supported by a comprehensive review of 11 recent HDB resale transactions within the vicinity. The medium confidence level assigned to this valuation underscores the stability of the HDB market in Hougang, as well as the continued interest from buyers despite the diminishing lease period. The consistent pricing further indicates that the market is responding positively to the overall economic conditions and housing demand in the area, making this HDB unit not only a home but also a sound investment opportunity within Singapore's dynamic real estate landscape.