4 Room (4S) HDB for Sale in 511 Hougang Avenue 10

The valuation of the 4-room HDB unit in Hougang, with an estimated value of $516,057 (equivalent to $539 PSF), presents a compelling case for potential buyers and investors. With a remaining lease of 58 years, this property situates itself within a dynamic market characterized by fluctuating demand and supply factors. Notably, the current valuation reflects an above-market position, showcasing a significant 19.8% difference from the baseline, indicating a strong seller's market in the vicinity.

However, it is essential to approach this valuation with caution due to a low model confidence, which suggests variability in market conditions and buyer sentiment. The assessment is based on three recent HDB resale transactions in the area, which, while providing useful comparative data, may not fully encapsulate the broader trends affecting property valuations in Hougang. As the remaining lease diminishes and economic conditions evolve, potential investors should consider both the immediate market signals and the long-term implications of leasehold tenure, ensuring a well-rounded investment decision.