5 Room (5I) HDB for Sale in 464 Upper Serangoon Road

The valuation of the 5-room HDB property in Hougang, with a remaining lease of 75 years, stands at an estimated value of $912,780, translating to a price per square foot (PSF) of $673. This assessment reflects a modest market signal, indicating a 1.4% variance from baseline pricing, which suggests a relatively stable pricing environment for HDBs in this precinct. Such a minor deviation signals that the property is maintaining its value amidst the fluctuations in the HDB market, although it is essential to note that the overall model confidence for this valuation is categorized as low.

The valuation is supported by recent transaction data, which includes two HDB resale transactions within close proximity. These comparative sales provide a framework for understanding local market dynamics; however, the limited transaction volume may contribute to the low confidence level in the model's output. As the Hougang area continues to evolve, factors such as upcoming infrastructure developments and demographic shifts may further influence property values. Potential buyers and investors should remain vigilant of these market trends, as they could present both opportunities and challenges in the ever-competitive HDB landscape.