Master Room (HDB) for Rent in 850 Hougang Central

The valuation of the HDB Executive property in Hougang, with a remaining lease of 72 years, stands at an estimated value of $109,270, translating to a price per square foot (PSF) of $654. This valuation reflects a precise alignment with the current market price, indicating a 0% deviation from the baseline. Such stability in pricing suggests a robust demand for HDB properties in the Hougang area, supported by the strong performance of the local real estate market.

Analyzing the underlying market dynamics, this valuation is bolstered by a comprehensive review of 236 recent HDB resale transactions in the vicinity, which lends high confidence to the model's estimations. The sustained interest in HDB properties, particularly in well-established neighborhoods like Hougang, can be attributed to the area's appealing amenities, accessibility, and community demographics. With a remaining lease of 72 years, this property not only offers potential buyers a long-term residence but also positions itself as a sound investment in a competitive market landscape.