5 Room (5I) HDB for Sale in 964 Hougang Avenue 9

The valuation of the HDB 5-room unit in Hougang, with a remaining lease of 71 years, is estimated at $775,434 or $596 per square foot (PSF). This figure reflects a robust market signal, showing a 3.2% deviation from the baseline price, which indicates a healthy demand for properties within this segment. The high model confidence rating, derived from an analysis of 488 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation amidst the current market dynamics.

In the context of Singapore’s evolving real estate landscape, the remaining lease of this property is particularly significant. With 71 years left, the unit offers a desirable balance of longevity and value retention, appealing to both young families and investors looking to capitalize on Hougang's growing popularity. The slight upward trend in the market price suggests a stabilizing demand for HDB resale properties, influenced by factors such as location desirability, accessibility to amenities, and ongoing urban development initiatives in the region. This positioning reinforces the strong investment potential of this property, making it an attractive option for discerning buyers.