Master Room (4NG) HDB for Rent in 661 Hougang Avenue 4

The valuation of the HDB 2 room unit in Hougang, with a remaining lease of 59 years, stands at an estimated value of $159,336, translating to a price per square foot (PSF) of $637. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the current market pricing is in equilibrium with recent transactional data. Such stability in pricing is indicative of strong demand and a balanced supply within the Hougang area, which has shown consistent interest among potential buyers.

Our confidence in this valuation is categorized as high, supported by an analysis of 114 recent HDB resale transactions in the vicinity. This robust dataset enables a reliable comparison of market dynamics, revealing that properties with a similar lease tenure and specifications are commanding prices consistent with our valuation. The remaining lease period of 59 years is significant, as it influences buyer sentiment and investment considerations, particularly among younger families and first-time homebuyers looking to enter the market in a well-established district like Hougang.