4-Room HDB for Room Rent: 475D Upper Serangoon Crescent

The valuation of the HDB 4-room property in Hougang, with a remaining lease of 87 years, has been estimated at $95,705, translating to a price per square foot (PSF) of $638. This valuation reflects a stable market position, with the current market price showing no deviation from the baseline, indicating a balanced supply and demand dynamic within the Hougang area. Such stability is critical for potential buyers and investors alike, as it suggests a resilient property market that maintains its value over time.

Furthermore, this valuation is backed by robust model confidence, rated as high, based on an analysis of 488 recent HDB resale transactions in the vicinity. The significant volume of transactions provides a strong data foundation, which enhances the reliability of this valuation. With the lease remaining at 87 years, buyers can expect a considerable period of ownership before any lease-related considerations come into play, further solidifying the attractiveness of this property as a sound investment in the vibrant Hougang market.