4-Room HDB for Room Rent: 328 Hougang Avenue 5

The HDB 4-room flat in Hougang, with a remaining lease of 55 years, presents a compelling valuation of $47,594, translating to a price per square foot (PSF) of $445. This valuation is positioned at a market price that reflects a 0% difference from the baseline, indicating a stable market condition for HDB properties in this locale. The absence of variance suggests that demand is currently aligning closely with supply, which is characteristic of a balanced market environment.

Our analysis is bolstered by a robust data set of 74 recent HDB resale transactions in the vicinity, which allows for a high degree of model confidence in this valuation. The enduring lease period of 55 years, while substantial, does necessitate careful consideration by potential buyers, particularly regarding future resale potential as the lease diminishes. However, the attractiveness of the Hougang area, known for its vibrant community and accessibility, continues to underpin market interest, potentially mitigating concerns over lease longevity. Overall, this valuation encapsulates the current dynamics of the HDB market in Hougang, reflecting both stability and opportunity for prospective homeowners and investors alike.