Room (HDB) for Rent in 918 Hougang Avenue 9

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $95,812, equating to a price per square foot (PSF) of $639. This evaluation is firmly anchored in the current market dynamics, reflecting a market price that shows a notable 0% difference from the baseline. Such stability in pricing indicates a balanced equilibrium between supply and demand in the Hougang locality, further underscored by the model's high confidence rating.

Analyzing the broader context, this valuation is supported by data derived from 489 recent HDB resale transactions in the vicinity. The strong volume of transactions provides a robust dataset, enhancing the reliability of the valuation and underscoring the attractiveness of Hougang as a residential area. The remaining lease of 75 years is particularly significant, as it positions the property favorably within the long-term ownership landscape, appealing to both owner-occupiers and investors alike. Such factors contribute to the sustained demand in this segment of the market, affirming the resilience of HDB properties in the face of evolving economic conditions.