5 Room (5I) HDB for Sale in 835 Hougang Central

The valuation of the HDB 5-room unit in Hougang, set at an estimated value of $772,678 or $588 per square foot, reflects a compelling yet nuanced position within the current market dynamics. With a remaining lease of 64 years, this property is situated in a neighborhood that, while historically appealing, is now facing a complex interplay of demand and supply factors. The valuation indicates a premium over the baseline market price, with an 8.5% upward deviation, suggesting that this property is positioned above the general market trend.

However, it is essential to note that the model confidence for this valuation is classified as low, attributed to the reliance on only one recent HDB resale transaction in the vicinity. This limited data point raises questions about the robustness of the valuation, given the inherent variability in the HDB resale market. Potential buyers should weigh the implications of the remaining lease length and the current market conditions carefully, as these factors will significantly influence both immediate and long-term investment value. As the market evolves, continuous monitoring of transaction trends and neighborhood developments will be crucial in assessing the true potential of this property.