Common Room (HDB) for Rent in 972 Hougang Street 91

The current valuation of the HDB Executive unit located in Hougang, estimated at $58,283 or $583 per square foot, reflects a stable market price with a notable 0% difference from the baseline. This valuation is derived from a thorough analysis of five recent HDB resale transactions in the vicinity, indicating a consistent pricing trend within this segment. However, it is essential to highlight the low model confidence associated with this valuation, suggesting that market dynamics may be influenced by external economic factors or localized trends that could affect future resale values.

With a remaining lease of 71 years, this property sits within a critical juncture of HDB leasing, where buyers often weigh the implications of lease duration on long-term investment potential. The Hougang area, known for its vibrant community and accessibility, remains an attractive choice for families and investors alike. Nevertheless, potential buyers should remain vigilant and consider the broader market signals, as the recent transactions indicate a plateau in price momentum, warranting a cautious approach in the current real estate landscape.