3 Room HDB for Sale in 113 Hougang Avenue 1

The valuation of the 3-room HDB unit in Hougang, with a remaining lease of 54 years, stands at an estimated value of $490,778, translating to a price per square foot (PSF) of $480. This valuation reflects a significant market signal, positioned at 20.2% above the baseline, indicating a robust demand for HDB properties in this region. Such a premium suggests a combination of factors, including localized market dynamics, community desirability, and the inherent value associated with the remaining lease period.

Our analysis is underpinned by a strong model confidence, supported by 483 recent HDB resale transactions in the vicinity. This substantial dataset reinforces the reliability of the valuation and indicates a positive trajectory in the Hougang real estate market. Buyers are increasingly drawn to the area, likely due to its strategic location and the amenities available, making this property not just a home but a strategic investment opportunity for discerning purchasers.