5-Room HDB for Room Rent: 852 Hougang Central

The valuation of the HDB 5-room unit in Hougang, with a remaining lease of 68 years, has been estimated at $108,273, translating to a price per square foot (PSF) of $602. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price, which suggests that the property is currently positioned at equilibrium within the local market dynamics. The high model confidence reinforces the reliability of this valuation, supported by robust data derived from 117 recent HDB resale transactions in the vicinity.

As the HDB market in Singapore continues to evolve, the remaining lease of 68 years is a crucial factor influencing buyer sentiment and investment decisions. Properties with a longer lease tend to command higher demand, particularly as they offer a greater sense of security in terms of investment longevity. In the case of this Hougang unit, its valuation aligns with current market trends, signalling a healthy balance between supply and demand in this well-established residential area. The consistent pricing reflects the community's desirability, accessibility, and the overall stability of the HDB resale market in Singapore.