4 Room (4A) HDB for Rent in 160 Hougang Street 11

The valuation of the 4-room HDB property in Hougang, with a remaining lease of 69 years, stands at an estimated value of $623,240, which translates to a price per square foot (PSF) of $573. This valuation is particularly noteworthy as it reflects a market price that shows no deviation from the baseline, indicating a stable equilibrium in the local real estate landscape. Such stability is often indicative of a balanced supply and demand scenario in the HDB market of Hougang, which has been supported by recent trends in the area.

Our analysis is underpinned by a robust model confidence rating of high, derived from 86 recent HDB resale transactions in the vicinity. This strong sample size lends credibility to the valuation and suggests that the property is positioned favorably within the competitive landscape. As the remaining lease extends to 69 years, buyers may find this a compelling opportunity, balancing both investment potential and the long-term viability of home ownership within a vibrant community. The resilience of the Hougang market is further highlighted by its consistent performance, making it a desirable locale for prospective homeowners and investors alike.