4 Room (4A) HDB for Sale in 165 Hougang Avenue 1

The valuation of the 4-room HDB unit located in Hougang, with a remaining lease of 69 years, stands at an estimated value of $592,980, translating to a price per square foot (PSF) of $599. This valuation is notably above the market average, indicating a 9.6% premium over the baseline. Such a significant uplift in value suggests a strong demand for properties in this area, driven by several factors including the proximity to essential amenities, public transport links, and the overall desirability of the Hougang estate.

The model confidence is categorized as high, supported by an extensive analysis of 488 recent HDB resale transactions within the vicinity. This robust dataset not only reinforces the credibility of the valuation but also highlights the current market dynamics, which reflect a competitive landscape for HDB units in Hougang. Buyers are increasingly inclined to invest in properties that offer both a solid lease tenure and potential for appreciation, reinforcing the unit's elevated market positioning.