4 Room (4NG) HDB for Sale in 415 Hougang Avenue 10

This report analyses the valuation of a 4-room HDB unit located in the vibrant district of Hougang, which boasts a remaining lease of 57 years. The estimated market value stands at $495,200, translating to a price per square foot (PSF) of $505. This valuation is particularly notable as it reflects a market signal that is significantly above the baseline, with a striking 37.3% difference. Such a premium indicates heightened demand and a competitive landscape for HDB properties in this locality.

The strong model confidence, rated as high, is derived from an analysis of 488 recent HDB resale transactions in the vicinity, reinforcing the reliability of this valuation. This data suggests that Hougang remains a sought-after area, likely due to its strategic location and connectivity, appealing to both families and young professionals alike. The remaining lease of 57 years further enhances the property’s attractiveness, as it provides ample time for future appreciation while mitigating concerns associated with shorter leases. Thus, the current valuation underscores the robust market dynamics at play in Hougang, positioning this HDB unit as a compelling investment opportunity.