5 Room (5I) HDB for Sale in 963 Hougang Avenue 9

The valuation of the HDB 5 Room unit in Hougang, with a remaining lease of 71 years, stands at an estimated value of $768,257, translating to a price per square foot (PSF) of $595. This evaluation is anchored by a robust analytical model that reflects a high level of confidence, supported by a comprehensive analysis of 488 recent HDB resale transactions in the vicinity. The current market signal indicates this property represents a good deal, showcasing an 8.9% difference from the baseline value, which positions it attractively in the competitive HDB landscape of Singapore.

In the context of Singapore's evolving real estate market, properties with longer remaining leases tend to command more interest, fostering buyer confidence and potential for appreciation. The Hougang area, known for its vibrant community and accessibility, further enhances the desirability of this unit. As such, this valuation not only underscores the intrinsic value of the property but also highlights the favorable market dynamics at play, making it a noteworthy opportunity for both homebuyers and investors alike.