579 Hougang Avenue 4 530579, Trafalgar, North-east Region, Singapore
$4,199 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$946,293
S$619 psf
Asking Price
S$4,199
S$3 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
72 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Buangkok
873m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$590
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.029
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$619
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 579 HOUGANG AVE 4 Floor 01 TO 03 | 1,507sqft | S$910,000 | ▼S$604 -2.4% vs FV | 99yr from 1997 |
Nov 2024 | Blk 579 HOUGANG AVE 4 Floor 01 TO 03 | 1,507sqft | S$910,000 | ▼S$604 -2.4% vs FV | 99yr from 1997 |
May 2024 | Blk 579 HOUGANG AVE 4 Floor 13 TO 15 | 1,496sqft | S$862,888 | ▼S$577 -6.8% vs FV | 99yr from 1997 |
Blk 579 HOUGANG AVE 4
Nov 2024 · Floor 01 TO 03
-2.4% vs FV
Blk 579 HOUGANG AVE 4
Nov 2024 · Floor 01 TO 03
-2.4% vs FV
Blk 579 HOUGANG AVE 4
May 2024 · Floor 13 TO 15
-6.8% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Hougang, with a remaining lease of 72 years, stands at an estimated value of $946,293, translating to $619 PSF. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market conditions. The stability in pricing may be attributed to the competitive nature of the Hougang area, which remains a sought-after location among homebuyers, particularly for HDB flats.
However, it is important to note that the model confidence for this valuation is classified as low, which indicates potential volatility and uncertainty surrounding the data. The valuation is derived from only two recent HDB resale transactions in the vicinity, highlighting the need for caution in interpreting these figures. As the market dynamics evolve, with factors such as remaining lease tenure and local amenities influencing buyer sentiment, this property may require further analysis to ascertain its long-term value trajectory.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.