Premium HDB for Sale in 475C Upper Serangoon Crescent

The valuation of the HDB 5 Room unit in Hougang, with a remaining lease of 87 years, is estimated at $984,329, translating to a price per square foot (PSF) of $839. This valuation positions the property competitively within the local market, reflecting a minimal variance of 0.4% from the established baseline. Such a slight difference indicates a relatively stable market environment, suggesting that demand for HDB units in this region remains robust despite broader economic fluctuations.

Analysis based on recent transactions reveals a medium confidence level in this valuation, derived from 8 recent HDB resale transactions in the vicinity. The sustained interest in Hougang, characterized by its strategic location and evolving amenities, underscores the potential for long-term value appreciation. As prospective buyers seek homes with longer leases, this property’s remaining 87 years of tenure enhances its attractiveness, positioning it as a desirable option in a competitive market landscape.