Master Room (HDB) for Rent in 314 Hougang Avenue 5

The HDB 4-room unit located in the vibrant precinct of Hougang is currently valued at approximately $63,307, translating to a price per square foot (PSF) of $487. With a remaining lease of 55 years, this property holds a strategic position in the market, appealing to both families and investors seeking long-term residency options. The valuation stands at a market price that reflects a stable equilibrium, marked by a 0% difference from the baseline, indicating a balanced supply-demand dynamic in this locality.

Our analysis is bolstered by a robust model confidence rating of high, supported by an extensive dataset comprising 488 recent HDB resale transactions in the vicinity. This reinforces the integrity of our valuation, demonstrating that the Hougang area maintains its attractiveness amidst broader market fluctuations. The sustained interest in HDB properties, particularly those with considerable remaining leases, underscores the essential role of such units in meeting the housing demands of a diverse demographic. As market trends evolve, this valuation serves as a critical benchmark for potential buyers and sellers navigating the competitive landscape of Singapore's real estate market.