4 Room (4A) HDB for Rent in 662 Hougang Avenue 4

The valuation of the 4-room HDB unit located in Hougang, with a remaining lease of 59 years, stands at an estimated value of $529,304, translating to approximately $473 per square foot. This valuation indicates a market price that is aligned with the baseline, reflecting a 0% difference. Such stability in pricing suggests a balanced market environment, where supply and demand factors are currently in equilibrium, allowing this property to maintain its valuation without significant fluctuations.

However, it is essential to note the model confidence is categorized as low, which highlights potential uncertainties in the valuation process. This low confidence level may stem from various factors, including limited transaction data and variances in comparable sales. The valuation is informed by three recent HDB resale transactions in the vicinity, which may not fully capture the broader market dynamics affecting property prices in Hougang. As the remaining lease diminishes, potential buyers may exhibit heightened caution, particularly concerning long-term investments. Therefore, stakeholders should remain vigilant and consider the implications of lease duration when assessing the future value trajectory of this HDB unit.