4 Room (4S) HDB for Sale in 698 Hougang Street 61

In the competitive landscape of Singapore's HDB market, the valuation of the 4-room HDB unit in Hougang presents a compelling case at an estimated value of $499,928 or $522 PSF. This valuation is notably positioned above the market baseline by 5.6%, indicating a strong demand and potential premium appeal for buyers seeking units in this vibrant neighborhood. The remaining lease of 59 years adds an interesting dimension to the analysis, as properties with substantial remaining leases often retain their value and attract families and investors alike.

Our model confidence is categorized as high, underpinned by a robust dataset comprising 488 recent HDB resale transactions in the vicinity. This extensive data pool not only enhances the reliability of the valuation but also reflects a growing interest in the Hougang area, characterized by its accessibility and community amenities. As market dynamics continue to shift, this HDB property exemplifies a strategic investment opportunity for those looking to capitalize on the upward trends in the local real estate landscape.