5 Room (5A MAISONETTE) HDB for Sale in 238 Hougang Avenue 1

The HDB 5 Room property located in Hougang, with a remaining lease of 56 years, has been appraised at an estimated value of $825,563, translating to a price per square foot (PSF) of $526. This valuation positions the property significantly above the market baseline, reflecting a noteworthy 25.7% differential. Such a premium valuation indicates a robust demand in the Hougang area, underscoring its desirability among homebuyers who prioritize both community amenities and accessibility within the urban fabric of Singapore.

The medium confidence level in this model suggests that while the valuation is supported by recent transactional data—spanning eight comparable HDB resale transactions in the vicinity—there may be fluctuations in buyer sentiment and market conditions that could influence future pricing. The remaining lease of 56 years is a critical factor in this valuation; it presents a unique opportunity for buyers seeking a long-term residence while also being mindful of the implications of lease decay. As the landscape of HDB properties continues to evolve, this analysis highlights the importance of understanding both the intrinsic value of the property and the broader market dynamics at play.