Master Room (3NG) HDB for Rent in 252 Hougang Avenue 3

The valuation of the HDB 3 Room unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $400,344, equating to a price per square foot (PSF) of $524. This valuation reflects a market price that is consistent with baseline expectations, indicating a stable demand for HDB properties in this area. The absence of a price differential suggests that the property is well-positioned within the current market dynamics, appealing to both first-time buyers and investors looking for value in the competitive Singaporean landscape.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set represented by only a single recent transaction within the vicinity. This lack of robust transactional data may affect the reliability of the estimated value, calling for cautious consideration by potential buyers. As the remaining lease period of 57 years could be a factor in future resale prospects, stakeholders are advised to closely monitor market trends and local developments that could significantly impact the demand and valuation of HDB properties in Hougang.