5 Room (5I) HDB for Rent in 302 Hougang Avenue 5

The valuation of the 5-room HDB unit located in Hougang, with a remaining lease of 56 years, reflects a current estimated value of $632,186, translating to $444 per square foot. This valuation is positioned at a neutral market signal, indicating a 0% deviation from the baseline. Such stability in pricing suggests that the property market in this region remains resilient, despite fluctuations observed in other parts of Singapore.

However, it is important to note that the model confidence for this valuation is categorized as low, which may indicate potential volatility influenced by various market dynamics. The valuation is based on a review of seven recent HDB resale transactions in the vicinity, providing a contextual benchmark yet highlighting the need for cautious interpretation of the data. As the remaining lease diminishes, prospective buyers should consider the implications on long-term value retention and the demand-supply dynamics affecting HDB properties in Hougang.