4 Room (4A) HDB for Sale in 471B Upper Serangoon Crescent

The valuation of the 4-room HDB property located in Hougang, with a remaining lease of 88 years, is estimated at $703,295, translating to $710 per square foot (PSF). This figure positions the property above the baseline market value by 6.5%, indicating a premium status in the current real estate landscape. Such an elevated valuation suggests that demand for properties in this vicinity remains robust, despite the overall market fluctuations.

However, it is essential to note that the model confidence for this valuation is rated as low, primarily due to the reliance on a limited dataset, evidenced by just one recent HDB resale transaction in the area. This scarcity of comparable sales creates potential volatility in the valuation outcome. Prospective buyers should remain cognizant of the lease dynamics, as the remaining 88-year lease provides a solid foundation for long-term investment, yet may also impact the liquidity and resale potential in a market that increasingly favors shorter remaining lease tenures.