Master Room (HDB) for Rent in 341 Hougang Avenue 7

The valuation of the HDB 4 Room unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $45,421, translating to a price per square foot (PSF) of $505. This valuation is particularly noteworthy as it reflects a market price that is consistent with the baseline, indicating a stable market sentiment and a balanced demand and supply dynamic in the area.

Our analysis is supported by a robust dataset, comprising 488 recent HDB resale transactions within the vicinity, which reinforces the high confidence level in this valuation. The 57-year remaining lease is a significant aspect, as it positions the property within a desirable timeframe for both owner-occupiers and investors. The stability of the market price suggests that the Hougang area continues to attract interest due to its accessibility and community amenities, thus maintaining the value of HDB properties in this segment.