Terraced House for Room Rent: 24 Lorong 1 Realty Park

The valuation of the 4-room HDB unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $100,603, translating to a price per square foot (PSF) of $671. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable demand and supply equilibrium in the Hougang HDB market. The data is grounded in a robust analysis of 489 recent resale transactions in the area, lending a high level of confidence to the model's predictive accuracy.

As we examine the dynamics of the HDB market in Hougang, it is essential to consider the implications of the remaining lease period. With 75 years left, this property appeals to a broad spectrum of buyers, particularly those looking for a long-term investment in a well-established neighborhood. The steady valuation indicates that the property is positioned favorably within the market, reflecting a strong community and ongoing interest in the Hougang area. This stability is indicative of broader trends in the Singaporean HDB market, where proximity to amenities and transport links continue to drive buyer interest.