4-Room HDB for Room Rent: 555 Hougang Street 51

The valuation of the 4-room HDB property located in Hougang, with a remaining lease of 72 years, stands at an estimated value of $95,624, translating to a price per square foot (PSF) of $637. This valuation reflects a notable stability in the local market, as it registers a 0% variance from the baseline market price. Such consistency suggests a balanced equilibrium between buyer and seller sentiments, reinforcing confidence in this segment of the HDB market.

With model confidence rated as high, this valuation is supported by an extensive analysis of 488 recent HDB resale transactions within the vicinity. The data indicates a robust demand for properties in this area, which is further underscored by the remaining lease of the property. A leasehold tenure of 72 years remains attractive to potential buyers, as it provides ample time for ownership while aligning with the expectations of long-term residency in Singapore's dynamic housing landscape. As we continue to monitor market trends, the Hougang area appears poised for sustained interest and investment, making this property a compelling consideration for future homeowners and investors alike.