1 Room HDB for Rent in 603 Hougang Avenue 4

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 58 years, stands at an estimated value of $76,636, translating to a price per square foot (PSF) of $639. This valuation aligns closely with the current market price, showing a remarkable stability with a 0% difference from the baseline. Such equilibrium in pricing suggests an efficient market where demand and supply are well-matched, reflecting the desirability of the Hougang area among potential buyers.

Our analysis is reinforced by a robust model confidence rating of High, derived from an extensive dataset of 115 recent HDB resale transactions within the vicinity. The consistent transaction activity in this locale is a testament to the area's ongoing appeal, particularly considering the long remaining lease. As buyers continue to seek value in HDB properties, this signals a resilient market dynamic, where well-maintained units in strategic locations like Hougang remain sought after despite the lease duration. The stability observed in this valuation underscores the potential for sustained interest in such properties, making it an exemplary case in the current HDB landscape.