4-Room HDB for Room Rent: 413 Hougang Avenue 10

The valuation of the 4-room HDB unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $94,309, translating to a price per square foot (PSF) of $472. This valuation reflects a stable market price, exhibiting a 0% variance from the baseline, which indicates a balanced demand and supply equilibrium in the local real estate landscape. The high model confidence, based on 151 recent HDB resale transactions in the vicinity, underscores the robustness of this analysis, providing stakeholders with reliable insights into the property’s market positioning.

In the context of Singapore's dynamic housing market, the remaining lease period of 57 years is noteworthy. Typically, properties with shorter leases may face depreciation concerns, yet Hougang's consistent demand and well-established community amenities contribute positively to the valuation. This property not only serves as a viable residential option but also reflects the resilience of the HDB market in the region, as potential buyers remain keen on investing in properties with a substantial remaining lease, further bolstered by the area's accessibility and infrastructural developments.