Common Room (HDB) for Rent in 401 Hougang Avenue 10

The valuation of the 2-room HDB unit in Hougang, with a remaining lease of 58 years, stands at an estimated value of $95,795, translating to a price per square foot (PSF) of $639. This valuation reflects a market signal indicating no deviation from the baseline, which positions this property firmly within the current market trends. The stability in pricing suggests a balanced demand and supply scenario in the Hougang vicinity, reinforced by the recent resale activity.

With a model confidence rated as high, this valuation is supported by an extensive analysis of 115 recent HDB resale transactions in the area. Such a robust sample size not only enhances the reliability of the estimated value but also underscores the competitive landscape of the local property market. The remaining lease of 58 years is a critical factor, as it may influence buyer sentiment and future resale potential. As the market continues to evolve, this property exemplifies the dynamics of HDB living in Singapore, where affordability and accessibility remain paramount for prospective homeowners.