Common Room (HDB) for Rent in 409 Hougang Avenue 10

The HDB 2-room unit located in Hougang, with a remaining lease of 57 years, is currently valued at an estimated price of $89,221, translating to a price per square foot (PSF) of $647. This valuation positions the property in a stable market environment, as evidenced by a market price that shows no deviation from the baseline, indicating a balanced supply and demand scenario in the locality.

Our analysis is supported by data derived from 114 recent HDB resale transactions within the vicinity, which lends a high degree of confidence to this valuation model. The consistent pricing suggests robust market dynamics where potential buyers are recognizing the intrinsic value of properties in Hougang, especially those with extended leases. The strong demand for HDB units, coupled with the area's established amenities and connectivity, emphasizes the importance of lease tenure in real estate valuation, further solidifying the attractiveness of this offering for both first-time homeowners and investors alike.