4 Room (4A) HDB for Sale in 923 Hougang Avenue 9

The valuation of the HDB 4-room unit in Hougang, with an estimated value of $605,281, reflects a robust market signal that positions it at a premium of 13.8% above the baseline. This valuation, translating to $563 per square foot (PSF), is indicative of the strong demand dynamics currently present in the Hougang precinct, particularly for properties with a remaining lease of 69 years. Such a remaining lease period typically appeals to both owner-occupiers and investors, as it provides ample time for value appreciation while also aligning with the demographic trends in the area.

Our analysis is grounded in the review of 84 recent HDB resale transactions in the vicinity, which underscores the high model confidence in this valuation. The market for HDB properties in Hougang remains competitive, driven by factors such as accessibility, community amenities, and the overall livability of the district. This premium valuation not only highlights the desirability of the property but also reflects a broader trend of increasing interest in HDB units that offer both longevity in lease terms and potential for capital appreciation. As such, this property stands as a compelling opportunity amidst a vibrant real estate landscape.