Terraced House for Room Rent: Lorong 7 Realty Park

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 75 years, is pegged at an estimated value of $82,777, translating to a price per square foot (PSF) of $828. This valuation reflects a calculated approach based on a comprehensive analysis of 113 recent HDB resale transactions in the vicinity, underscoring the strong market activity and demand for such properties in this established residential area. The model confidence of this valuation is rated as high, indicating a robust alignment with prevailing market conditions.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the property is currently priced at a competitive level relative to similar listings in the neighborhood. This stability in pricing is indicative of a balanced supply and demand dynamic within the Hougang region, making it an attractive option for potential buyers seeking long-term investment opportunities. As the remaining lease remains substantial at 75 years, this property not only offers immediate residential utility but also retains investment value, reflecting the enduring appeal of HDB living in Singapore.