4 Room (4NG) HDB for Sale in 411 Hougang Avenue 10

This analytical report focuses on a 4-room HDB property located in the vibrant neighbourhood of Hougang, which currently possesses a remaining lease of 57 years. The estimated value for this unit stands at $475,170, translating to an impressive $485 PSF. Notably, this valuation positions the property above the prevailing market rate, showing a significant 36.8% difference from the baseline, indicative of strong demand and buyer interest in the area.

The high model confidence rating reflects a thorough analysis based on 157 recent HDB resale transactions within the vicinity, further substantiating the property's valuation. The Hougang precinct, known for its vibrant community and accessibility, continues to attract both investors and homeowners alike, contributing to the robust performance of HDB prices. Given the remaining lease of 57 years, buyers are encouraged to consider the long-term implications of property tenure, especially in a market characterized by tightening supply and increasing demand for residential units. This valuation not only highlights the attractiveness of this specific property but also underscores the overall dynamics shaping the HDB market in Singapore.