Common Room (HDB) for Rent in 251 Hougang Avenue 3

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $74,110, translating to a price per square foot (PSF) of $628. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is priced accurately in line with current market trends. The model confidence is rated as high, which reinforces the integrity and reliability of this valuation based on robust data analytics.

Analyzing the broader market dynamics, this valuation is informed by 114 recent HDB resale transactions within the vicinity, offering a comprehensive view of the local property landscape. The current stability in pricing suggests a balanced demand and supply scenario, making this property an attractive option for potential buyers seeking affordable housing in a well-established neighborhood. Moreover, the remaining lease period provides a significant window for homeowners, ensuring that they can enjoy the benefits of this property for many years to come.