3-Room HDB for Room Rent: 110 Hougang Avenue 1

The valuation of the HDB 3 Room property located in Hougang, with a remaining lease of 55 years, stands at an estimated value of $73,336, translating to a price per square foot (PSF) of $489. This valuation emerges from a robust analytical framework that incorporates data from 483 recent HDB resale transactions in the vicinity, reflecting a high degree of model confidence. The market signal indicates a zero percent difference from the baseline, suggesting that the property is appropriately priced within the current market dynamics.

Considering the characteristic longevity of HDB leases, the remaining 55 years offers a substantial tenure that appeals to both first-time buyers and investors looking for stable long-term assets. The neutral market price underscores a balanced demand-supply scenario in the Hougang area, which has seen consistent interest due to its strategic location and comprehensive amenities. As HDB properties continue to evolve in response to urban development and demographic trends, this valuation serves as an excellent benchmark for prospective buyers and sellers navigating the ever-dynamic real estate landscape in Singapore.