4 Room (4A) HDB for Sale in 470B Upper Serangoon Crescent

The valuation of the 4-room HDB unit in Hougang, with a remaining lease of 87 years, is estimated at $737,877, translating to a price per square foot (PSF) of $745. This valuation reflects a market signal indicating a 1% deviation from the established baseline, suggesting a stable yet slightly upward trending market for HDB properties in the area. The low model confidence rating underscores the necessity for further analysis, particularly in light of the limited data set derived from only two recent resale transactions within the vicinity.

In the context of Singapore's HDB market, properties with extended lease durations, such as this unit, often appeal to both first-time buyers and investors seeking long-term value retention. The Hougang precinct, known for its vibrant community and accessibility, continues to attract interest, albeit with fluctuations influenced by broader economic conditions and housing policies. Given the current valuation metrics and recent transactional activity, prospective buyers should approach this opportunity with a measured perspective, considering both the prevailing market dynamics and the inherent risks associated with low model confidence in valuation accuracy.