Common Room (HDB) for Rent in 917 Hougang Avenue 9

The valuation of the HDB 4 Room unit in Hougang, with a remaining lease of 75 years, is estimated at $96,459, translating to a price per square foot (PSF) of $639. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable market condition for HDB properties in this locality. The model confidence is rated as high, reinforcing the reliability of this valuation based on extensive data analysis.

Analyzing the recent market dynamics, the estimated value aligns closely with the performance of 488 recent HDB resale transactions in the vicinity. This clustering of values indicates a robust demand for HDB properties in Hougang, driven by the area's strategic location and community amenities. As the remaining lease period is a critical factor influencing property value, the 75-year lease positions this unit well within the market, appealing to both first-time buyers and investors looking for stable, long-term capital appreciation.