Common Room (HDB) for Rent in 413 Hougang Avenue 10

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 58 years, stands at an estimated value of $76,637, translating to a price per square foot (PSF) of $639. This valuation aligns perfectly with the current market price, indicating a robust stability in the pricing dynamics within this segment of the HDB market. The zero percent difference from the baseline signifies that buyers and sellers are operating within a balanced price range, reflective of a healthy transaction environment.

Our analysis, grounded in the examination of 117 recent HDB resale transactions in the vicinity, underscores a high model confidence in this valuation. The Hougang region continues to demonstrate resilience, attracting buyers who appreciate both the affordability and the long-term potential of HDB properties. The remaining lease of 58 years is a critical factor that contributes to this stability, as it offers prospective homeowners a reasonable timeline for occupancy while allowing for future appreciation. As the market evolves, this property remains an appealing option for first-time buyers and investors alike, navigating the nuances of Singapore's dynamic real estate landscape.