Premium HDB for Sale in 475C Upper Serangoon Crescent

The valuation of the 5-room HDB unit located in the vibrant neighborhood of Hougang, with a remaining lease of 87 years, stands at an estimated value of $984,329, translating to $839 per square foot. This valuation reflects a solid alignment with current market trends, exhibiting a minimal 0.4% deviation from the baseline price, indicating a stable demand for properties in this locale. The Hougang area, known for its rich heritage and community-centric amenities, continues to attract both buyers and investors, bolstered by ongoing urban developments and infrastructure enhancements that enhance its desirability.

With a model confidence rating of medium, this valuation is substantiated by an analysis of 8 recent HDB resale transactions in the vicinity, which provides a robust benchmark for understanding local market dynamics. The slight positive variance from the baseline suggests that while the market remains competitive, it is also indicative of a resilient property environment. The 87-year lease remaining on this HDB unit positions it favorably for long-term investment, as buyers are increasingly seeking properties that offer both value and longevity in the rapidly evolving Singapore real estate landscape.