Common Room (HDB) for Rent in 968 Hougang Avenue 9

The valuation of the HDB 2-room unit in Hougang, with a remaining lease of 71 years, is estimated at $114,969, translating to a price per square foot of $766. This valuation indicates a stable market position, as it reflects a market price that shows a 0% difference from the baseline, highlighting a balanced demand and supply dynamic in the Hougang area. The confidence level of this model is rated as high, reinforcing the reliability of the valuation based on robust market data.

This analysis draws upon a comprehensive dataset comprising 234 recent HDB resale transactions within the vicinity, illustrating a consistent trend in property values. The remaining lease duration of 71 years is a critical factor in the valuation, as it aligns with buyer preferences for long-term occupancy and investment stability. As the HDB market continues to evolve, this property exemplifies the resilience of the Hougang locality, making it an attractive option for both first-time buyers and seasoned investors looking to capitalize on the area’s growth potential.