Common Room (HDB) for Rent in 361 Hougang Avenue 5

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 64 years, has been estimated at $35,060, which translates to a competitive $584 PSF. This valuation reflects a market price that is in line with the baseline, indicating a stable demand and supply equilibrium within the Hougang region. The model confidence is rated as high, substantiated by a robust analysis of 489 recent HDB resale transactions in the vicinity, which provides a comprehensive data-driven foundation for this valuation.

As the remaining lease of 64 years continues to mature, it is critical to recognize the intrinsic value tied to leasehold properties in Singapore's real estate market. The HDB segment has shown resilience, with potential buyers increasingly valuing the longevity of the lease as a key factor in their purchasing decisions. Furthermore, the zero percent difference from the baseline suggests that the property is priced accurately, reflecting current market conditions and buyer sentiment. This dynamic underscores the importance of ongoing market analysis to inform strategic investment decisions within Singapore's competitive housing landscape.