Common Room (HDB) for Rent in 470A Upper Serangoon Crescent

The valuation of the HDB 2 Room property in Hougang, with a remaining lease of 88 years, stands at an estimated value of $75,172, translating to a competitive $752 per square foot. This price demonstrates a strong alignment with the current market dynamics, reflected in a market price variance of 0% from the baseline. Such stability suggests that the property is positioned favorably within the local real estate landscape, particularly given the robust demand for HDB flats in this region.

Our analysis is bolstered by a high model confidence rating and is informed by 23 recent HDB resale transactions in the vicinity, indicating a solid basis for this valuation. The consistent pricing trend in Hougang underscores a resilient market, where buyers remain undeterred by fluctuations. With an 88-year lease, this property not only offers long-term value but also aligns with the preferences of discerning homeowners seeking stability in their investment. Overall, this valuation reflects a well-calibrated understanding of local market conditions and future potential in the Hougang area.