Master Room (HDB) for Rent in 241 Hougang Street 22

The valuation of the HDB 2-room flat in Hougang, with a remaining lease of 57 years, has been estimated at $81,584, translating to a price per square foot (PSF) of $628. This valuation reflects a market price that exhibits a 0% difference from the baseline, indicating a stable pricing environment in this segment of the HDB market. The absence of price fluctuation suggests a strong equilibrium between supply and demand, affirming the resilience of Hougang as a desirable residential area.

Our analysis is reinforced by a robust dataset comprising 114 recent HDB resale transactions in the vicinity, which provides a comprehensive overview of market dynamics and trends. The high model confidence associated with this valuation underscores the reliability of the data and the consistency of the market conditions. As the lease period for HDB properties can significantly affect their value, the remaining 57 years in this case positions the property favorably for both current homeowners and potential investors, as it offers a balance between affordability and long-term occupancy viability.