3 Room (3NG) HDB for Rent in 625 Hougang Avenue 8

The valuation of the 3-room HDB unit in Hougang at an estimated value of $340,423 (equivalent to $495 PSF) reflects a stable market position, with no significant deviation from the baseline market price. This market signal indicates a robust equilibrium, highlighting a balance between supply and demand in the Hougang area. The property's remaining lease of 58 years is a critical factor, as it not only influences the investment potential but also plays a vital role in buyer sentiment, particularly among first-time homebuyers and investors seeking long-term value.

The high model confidence level derived from 270 recent HDB resale transactions in the vicinity reinforces the reliability of this valuation. The data suggests that the Hougang market is experiencing a period of stability, with properties maintaining their value amidst fluctuating economic conditions. As a result, this HDB unit presents a compelling opportunity for prospective buyers who are looking for a well-located residence in a mature estate while being assured of its market viability.