3 Room (3A) HDB for Sale in 667 Hougang Avenue 4

The HDB 3-room property located in Hougang presents an intriguing valuation landscape, with an estimated value of $408,089 or $513 PSF. With a remaining lease of 59 years, this unit's valuation signals a noteworthy premium in the current market, exhibiting a remarkable 29.6% difference from baseline. This substantial above-market valuation could be indicative of several dynamics at play, including localized demand and potential future developments enhancing the appeal of this neighbourhood.

However, the model confidence for this valuation is categorized as low, reflecting a reliance on only two recent HDB resale transactions within the vicinity. This limited data set may not fully encapsulate the broader market trends or the nuances of buyer sentiment. Investors and homeowners should consider the potential for fluctuations in value as the property matures within its lease period and in light of ongoing urban development strategies in the Hougang area.