4 Room (4S) HDB for Sale in 607 Hougang Avenue 4

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 75 years, is pegged at an estimated value of $567,520, translating to a price per square foot (PSF) of $628. This valuation reflects a market signal indicating a 4.8% divergence from the baseline, suggesting a slightly competitive pricing scenario. While this may initially appear favorable, it is crucial to recognize that the model confidence is categorized as low, which warrants caution in interpreting these figures.

Recent market activity, evidenced by only two comparable HDB resale transactions in the vicinity, has contributed to the reliability of this valuation. The limited transaction volume underscores the potential volatility in the Hougang property market, particularly for HDB units. Given the remaining lease of 75 years, prospective buyers must consider the implications of lease decay in their investment strategy, especially as the property ages. Overall, while the current valuation presents an attractive opportunity, stakeholders should remain vigilant to fluctuations in market dynamics and leasehold considerations that could influence future resale potential.