4 Room (4NG) HDB for Sale in 252 Hougang Avenue 3

The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $483,808, translating to $468 PSF. This valuation places the property above the market average by approximately 13.7%, indicating a strong demand in the Hougang region despite the diminishing lease duration. The high confidence level of this model, supported by a comprehensive analysis of 160 recent HDB resale transactions in the vicinity, underscores the robustness of the valuation metrics employed.

The current market dynamics in Hougang reflect a growing interest in HDB properties, particularly those with favorable pricing and amenities. The above-market valuation suggests that buyers are willing to pay a premium for units in this area, likely due to its strategic location and accessibility to essential services. As the remaining lease period is a critical factor in HDB valuation, the 57-year lease on this unit still offers ample time for ownership stability, making it an attractive option for prospective homeowners and investors alike.