3+1 Bed Terraced House (Landed) for Sale in People's Garden

The recent valuation of the HDB Executive unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $1,201,273, translating to an impressive $667 per square foot (PSF). This valuation is noteworthy as it significantly exceeds the baseline market value, reflecting a remarkable 287.1% difference. Such a premium indicates not only a robust demand for HDB properties in this area but also underscores the desirability of the Hougang locale, known for its vibrant community and accessibility to amenities.

The model confidence for this valuation is rated as high, bolstered by an analysis of 219 recent HDB resale transactions in the vicinity. This extensive dataset provides a solid foundation for understanding market dynamics, revealing a trend of increasing buyer interest in larger HDB units. As the remaining lease of 75 years offers ample time for both current and future homeowners, the property is positioned well within the market, appealing to families seeking stability and growth potential in their investment. The continued strength of the HDB market in Hougang suggests that these dynamics are likely to persist, making this executive unit a compelling opportunity for discerning buyers.