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

The valuation of the 3-room HDB unit in Hougang, with a remaining lease of 57 years, is estimated at $400,344, translating to a price per square foot (PSF) of $524. This valuation remains aligned with the baseline market price, indicating a 0% difference from prevailing market conditions. Such equilibrium suggests a stable demand within the Hougang region, which has consistently demonstrated resilience amidst fluctuating market sentiments.

However, the model confidence for this valuation is classified as low, primarily due to the limited data points available, with only one recent HDB resale transaction influencing this estimate. This scarcity of transactional data highlights the importance of considering broader market dynamics as well as individual property characteristics. As the remaining lease term of 57 years may have implications on buyer sentiment and financing options, potential investors should remain vigilant in monitoring market trends and developments within the Hougang vicinity to make well-informed decisions.