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

In the current landscape of the Hougang residential market, the valuation of this HDB 2-room unit, with a remaining lease of 88 years, stands at an estimated value of $75,172, translating to $752 per square foot. This pricing places it firmly in line with the prevailing market conditions, reflecting a 0% deviation from the baseline value. Such stability in pricing indicates a balanced demand-supply dynamic in the region, which is a positive signal for potential buyers and investors alike.

The analysis is further substantiated by a robust dataset comprising 23 recent HDB resale transactions within the vicinity. This solid foundation enhances the model's confidence level, classified as high, thereby reinforcing the reliability of the valuation. The Hougang area, known for its vibrant community and accessibility, continues to demonstrate resilience in the face of evolving market trends. With a remaining lease of 88 years, this property presents an attractive opportunity for long-term investment, ensuring that it remains a viable option for homeowners seeking both stability and potential appreciation in value.