Common Room (HDB) for Rent in 435 Hougang Avenue 8

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 75 years, has been meticulously assessed at an estimated value of $162,978, translating to a price per square foot of $652. This valuation is firmly anchored in the current market dynamics, as indicated by a market price that reflects 0% difference from the baseline. Such stability in pricing suggests a well-balanced demand and supply scenario within the local real estate market, affirming that this property is positioned competitively among its peers.

The model confidence for this valuation is rated as High, bolstered by an extensive analysis of 489 recent HDB resale transactions in the vicinity. This robust dataset not only enhances the credibility of the valuation but also underscores the enduring appeal of Hougang as a residential choice. As the remaining lease of 75 years continues to provide ample tenure for potential buyers, the property remains attractive, reflecting a healthy interest in HDB units within this vibrant district. The local market's stability, paired with the favorable lease duration, positions this property as a prudent investment choice in Singapore's dynamic real estate landscape.