3 Room (3A) HDB for Rent in 470B Upper Serangoon Crescent

The valuation of the HDB 3-room unit in Hougang, with an estimated value of $580,119, reflects a price per square foot (PSF) of $793. This valuation indicates a market position that is stable, evidenced by a 0% difference from the baseline pricing. Such stability suggests that the property is well-aligned with current market conditions, showcasing a balanced demand and supply scenario within this particular segment of the HDB market.

Despite the favorable lease term of 87 years remaining, which typically enhances buyer confidence and marketability, the model confidence for this valuation is noted as low. This may suggest variability in the recent transaction data or a limited number of comparables, as evidenced by the analysis of only three recent HDB resale transactions in the vicinity. Buyers should be cognizant of these dynamics, as they may influence future resale potential and investment returns in this evolving market.