5 Room (5I) HDB for Sale in 572 Hougang Street 51

The valuation of the HDB 5-room unit in Hougang, with a remaining lease of 68 years, stands at an estimated value of $744,257 or $586 PSF. This valuation reflects a significant market signal indicating that the property is priced above the current market baseline by 7.3%. Such a premium suggests strong demand dynamics in the Hougang area, where recent trends have shown a robust interest in HDB properties, particularly those with substantial remaining leases.

The high model confidence associated with this valuation is derived from an analysis of 117 recent HDB resale transactions in the vicinity, providing a solid basis for this assessment. As the residential landscape in Singapore continues to evolve, properties like this 5-room unit in Hougang are poised to attract homebuyers who value both space and the longevity offered by the remaining lease. This combination of factors underscores the competitive nature of the market, reflecting a growing appeal for well-located, sizable HDB units in an area known for its community-centric amenities and transport connectivity.