Maisonette HDB for Sale in 615 Hougang Avenue 8

The valuation of the HDB Executive unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $1,000,079, translating to a price per square foot (PSF) of $624. This valuation reflects a current market price that is positioned at a 5% difference from the established baseline, indicating a moderate level of premium in the prevailing market dynamics. Such a valuation suggests a strong demand for HDB properties in this locale, although the model confidence is classified as low, which warrants careful consideration by potential buyers and investors.

Analysis of the surrounding real estate environment, based on four recent HDB resale transactions in the vicinity, points to a nuanced market landscape. The fluctuations observed in these transactions highlight the importance of localized demand and the impact of remaining lease terms on property value. As prospective buyers evaluate this property, they should weigh the implications of a 75-year lease against the backdrop of future resale potential and market trends in Hougang. Understanding these dynamics will be crucial for discerning the long-term value proposition of this executive HDB unit.