5 Bed Semi-Detached House (Landed) for Rent around Hougang Avenue 1

The recent valuation of the HDB Executive unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $1,869,166, translating to a price per square foot (PSF) of $668. This valuation indicates a market equilibrium, as it reflects a 0% difference from the baseline price, suggesting that the current pricing is highly competitive within the local market dynamics. The high model confidence level is supported by a robust analysis of 222 recent HDB resale transactions in the vicinity, providing a comprehensive snapshot of the prevailing market conditions.

Hougang has consistently demonstrated strong demand for HDB properties, attributed to its strategic location, well-established amenities, and access to transportation networks. The 75-year remaining lease offers potential buyers a substantial tenure, aligning with the long-term value appreciation trends observed in the area. This valuation not only underscores the stability of the HDB market in Hougang but also highlights the resilience of the property amidst fluctuating market conditions, making it an attractive prospect for both homeowners and investors seeking to capitalize on Singapore's evolving real estate landscape.