5 Room (5I) HDB for Sale in 464 Upper Serangoon Road

The valuation of the HDB 5-room property located in Hougang, with a remaining lease of 75 years, stands at an estimated value of $912,780, equating to $673 per square foot (PSF). This valuation reflects a modest 1.4% deviation from the baseline market price, indicating a stable yet competitive market environment. The proximity of recent comparable transactions has provided foundational data, although the model confidence remains categorized as low, suggesting potential volatility in price accuracy.

Given the remaining lease of 75 years, the property retains a substantial tenure, which is a critical factor for potential buyers in Singapore's HDB market. The Hougang area, known for its vibrant community and accessibility, continues to attract interest, albeit with the current valuation reflecting cautious optimism among buyers. The limited dataset from only two recent HDB resale transactions may not fully capture the broader market dynamics, highlighting the need for ongoing analysis as market conditions evolve.