Common Room (HDB) for Rent in 965 Hougang Avenue 9

The valuation of the HDB 4 ROOM unit in Hougang, with a remaining lease of 71 years, stands at an estimated value of $49,390, translating to a price per square foot (PSF) of $617. This valuation aligns closely with the current market dynamics, reflecting a market price that is consistent with the baseline, showcasing a 0% difference. Such stability in value indicates a well-maintained balance between supply and demand in the Hougang area, making it an attractive choice for both homebuyers and investors looking for a resilient asset in Singapore's vibrant property landscape.

Furthermore, the model confidence for this valuation is categorized as high, supported by a robust analysis of 489 recent HDB resale transactions in the vicinity. This extensive dataset provides a strong foundation for the current valuation, emphasizing the area's desirability and the enduring appeal of HDB flats as a preferred housing option. Investors should note that while the remaining lease of 71 years is substantial, it is imperative to consider the long-term implications of leasehold properties in Singapore's unique real estate market. The current stability in valuation suggests that this property is situated in a resilient locale, potentially offering both immediate and future capital appreciation.