567 Hougang Street 51 530567, Trafalgar, North-east Region, Singapore
$1,100 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Sale-value benchmarks do not apply to individual rooms
Fair Value
NA
Not meaningful for room rentals
Asking Price
S$1,100
S$8 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
68 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Buangkok
654m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$583
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.971
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$577
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 567 HOUGANG ST 51 Floor 10 TO 12 | 1,270sqft | S$740,000 | ▲S$583 +1.0% vs FV | 99yr from 1997 |
Aug 2024 | Blk 567 HOUGANG ST 51 Floor 10 TO 12 | 1,270sqft | S$740,000 | ▲S$583 +1.0% vs FV | 99yr from 1997 |
Blk 567 HOUGANG ST 51
Aug 2024 · Floor 10 TO 12
+1.0% vs FV
Blk 567 HOUGANG ST 51
Aug 2024 · Floor 10 TO 12
+1.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room property located in Hougang, with a remaining lease of 68 years, presents a noteworthy analysis in the current real estate landscape. Estimated at $86,592, equating to a price per square foot (PSF) of $577, this valuation reflects a market signal that is aligned with the baseline, indicating a 0% deviation from prevailing market prices. Such stabilization suggests a balanced demand and supply scenario within the Hougang precinct, a factor that potential buyers and investors should take into consideration when evaluating their strategic positions in the HDB market.
However, it is essential to note the model's low confidence level, which stems from the analysis being based on a singular recent resale transaction in the vicinity. This limited data point may not fully capture the evolving market dynamics or potential fluctuations in property values. As the HDB lease approaches its mid-term, buyers should remain cognizant of the implications on future resale opportunities and overall investment value. Active monitoring of market trends in Hougang and thorough due diligence will be crucial for stakeholders aiming to navigate this segment effectively.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.