3 Room (3NG) HDB for Rent in 22 Hougang Avenue 3

The valuation of the HDB 3 Room unit in Hougang, with a remaining lease of 51 years, stands at an estimated value of $378,403, translating to a price per square foot (PSF) of $400. This assessment reflects a market price that shows no deviation from the established baseline, indicating a stable demand and supply dynamic in this locality. The model confidence rating is medium, suggesting a degree of caution due to potential variability in market conditions.

Analyzing the context of this valuation, it is essential to consider the broader market signals derived from the nine recent HDB resale transactions in the vicinity. The absence of a price differential from the baseline suggests that buyers maintain a balanced perspective when evaluating properties in Hougang, particularly those with similar lease tenures. As the remaining lease may influence buyer sentiment, particularly in the HDB market, the stability observed here could indicate a resilient demand for properties that offer both accessibility and community amenities within this established neighborhood.