Maisonette HDB for Sale in 712 Hougang Avenue 2

The valuation of the HDB Executive unit located in Hougang, with a remaining lease of 58 years, has been assessed at an estimated value of $816,165, translating to $512 PSF. This valuation positions the property above the current market baseline by 8.9%, indicating a robust demand in the Hougang area. The model confidence in this valuation is classified as high, based on a comprehensive analysis of 236 recent HDB resale transactions within the vicinity, which reinforces the credibility of this valuation.

Several factors contribute to the elevated market signal for this HDB Executive unit. Firstly, the remaining lease period of 58 years is considered favorable in the context of HDB properties, as it provides potential buyers with a substantial timeframe for occupancy and investment. Additionally, Hougang has seen a gradual increase in desirability due to its strategic location, accessibility to public transport, and community amenities. As the demand for larger HDB units continues to rise, particularly in well-connected neighborhoods, properties like this one stand poised to attract discerning buyers seeking both space and convenience.