5 Room (5I) HDB for Rent in 513 Hougang Avenue 10

In the current landscape of the Singapore property market, the valuation of the HDB 5 Room unit in Hougang, with a remaining lease of 72 years, stands at an estimated value of $828,617, translating to $636 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference and suggesting a stable demand within the region. The property’s pricing remains aligned with current market conditions, which is critical for potential buyers and investors seeking to navigate the complexities of the HDB resale market.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data pool derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable transactions may introduce variability in market sentiment and pricing strategies. As the remaining lease of 72 years is a crucial factor that may influence future resale potential, prospective buyers should closely monitor the dynamics of leasehold properties in the area, as these can significantly impact long-term investment returns.