6 Bed Bungalow (Landed) for Sale in Kovan City

The valuation of the HDB Executive unit located in Hougang presents a compelling case within the current real estate landscape of Singapore. With an estimated value of $4,929,082, translating to $508 PSF, this property is positioned significantly above the market baseline by 82.6%. This premium valuation can be attributed to various factors, including the property’s strategic location, the executive flat's spacious layout, and the overall demand for larger HDB units in the region. The remaining lease of 57 years also plays a crucial role in shaping buyer perceptions and investment potential, particularly as the HDB segment becomes increasingly competitive.

The model confidence for this valuation is classified as high, indicating a robust analytical framework underpinned by a comprehensive assessment of 102 recent HDB resale transactions in the vicinity. This data-driven approach not only highlights the strength of the current market dynamics but also underscores the resilience of Hougang as a desirable residential enclave. As the demand for HDB properties continues to evolve, this executive unit stands out as a prime investment opportunity, particularly for buyers seeking both space and strategic location within Singapore’s vibrant housing market.