4 Room (4S) HDB for Sale in 526 Hougang Avenue 6

The valuation of the HDB 4-room unit in Hougang, set at an estimated value of $507,792 (equating to $562 PSF), indicates a market positioning that is notably above the baseline by 16.2%. This premium valuation reflects a potential optimism in the local real estate market, driven by a combination of factors including demand for family-sized units and the desirable location of Hougang, which offers a blend of suburban tranquility and accessibility to urban amenities.

However, it is essential to note that the model confidence associated with this valuation is categorized as low, primarily due to the limited dataset from which it is derived, with only one recent HDB resale transaction in the vicinity informing this estimate. This lack of robust transactional evidence may render the valuation susceptible to market fluctuations and could imply that buyers should exercise caution. As the remaining lease stands at 59 years, potential purchasers should also consider the implications of lease decay and future resale value, particularly in an evolving market landscape.