Common Room (HDB) for Rent in 968 Hougang Avenue 9

In the current real estate landscape of Singapore, the valuation of the HDB 4 Room unit in Hougang presents a compelling case for both potential buyers and investors. With a remaining lease of 71 years, the estimated value stands at $61,633, translating to a price per square foot (PSF) of $616. This valuation is indicative of a stable market condition, as it reflects a market price with a 0% difference from the baseline, underscoring a balanced supply and demand dynamic in the vicinity.

The robust model confidence, rated as high, is supported by an extensive analysis of 488 recent HDB resale transactions in the area. This substantial dataset not only reinforces the accuracy of the valuation but also highlights the resilience of the Hougang property market. As the demand for HDB properties continues to evolve, the longevity of the lease becomes a crucial factor for buyers, ensuring that this property remains a viable option for both immediate residency and long-term investment potential.