Common Room (HDB) for Rent in 563 Hougang Street 51

The HDB 2-room property located in Hougang, with a remaining lease of 64 years, has been accurately valued at an estimated price of $84,876, translating to $707 PSF. This valuation reflects a market signal that is remarkably stable, showing a 0% difference from the baseline. Such consistency in pricing suggests a well-balanced equilibrium in the local market, where demand and supply dynamics align effectively, offering potential buyers a compelling opportunity within this sought-after locale.

Our analysis is reinforced by a robust dataset, comprising 108 recent HDB resale transactions in the vicinity, enhancing the confidence level of this valuation to high. The strong transactional activity indicates not only healthy buyer interest but also a resilience in property values despite broader economic fluctuations. With 64 years remaining on the lease, this property presents an attractive proposition for first-time buyers or investors looking to enter the Hougang market, where community amenities and transport connectivity continue to bolster its desirability.