Common Room (HDB) for Rent in 418 Hougang Avenue 8

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 72 years, presents a compelling opportunity in the current market landscape. Priced at an estimated value of $59,459, translating to $793 per square foot (PSF), this property showcases a stable market position, reflected by its 0% difference from the baseline market price. This suggests that the unit is well-aligned with current market expectations, offering potential buyers a competitive entry point into the Hougang area.

Market dynamics in the vicinity, based on 115 recent HDB resale transactions, indicate a robust demand for properties in this locale. The high model confidence associated with this valuation underscores the reliability of the data and the consistency of pricing trends in the area. With a remaining lease of 72 years, this property not only appeals to first-time buyers and investors but also reflects the ongoing stability of the HDB market in Singapore, where strategically located units continue to attract interest despite broader economic fluctuations.