3 Room (3A) HDB for Rent in 470B Upper Serangoon Crescent

The valuation of the HDB 3-room unit in Hougang, with an estimated value of $580,119, reflects a stable market position, registering a price of $793 per square foot (PSF). Notably, the property boasts a remaining lease of 87 years, which is a significant consideration for potential buyers and investors, as it provides ample time for occupancy and appreciation in value over the long term. The current market signal indicates a 0% difference from the baseline, suggesting that the property is priced in alignment with recent trends observed in the local HDB market.

Analyzing the recent transactional data, the model confidence is categorized as low, indicating potential fluctuations in the valuation influenced by broader market dynamics and economic conditions. The assessment was derived from three comparable HDB resale transactions in the vicinity, highlighting the importance of localized market activity in determining property values. As such, prospective buyers should remain cognizant of the current market nuances, including lease tenure implications and the overall demand for HDB properties in Hougang, which may affect future resale opportunities.