4 Room (4A) HDB for Sale in 471B Upper Serangoon Crescent

The valuation of the HDB 4 Room property located in Hougang, with a remaining lease of 88 years, stands at an estimated value of $703,295, translating to approximately $710 PSF. This pricing reflects a market signal indicating a 0.5% difference from the baseline, suggesting a relatively stable market condition. However, the model confidence in this valuation is categorized as low, primarily due to the limited data available, with only one recent HDB resale transaction in the vicinity serving as a reference point.

The dynamics of the Hougang property market are influenced by various factors, including the remaining lease period, which plays a critical role in the valuation of HDB properties in Singapore. With 88 years remaining on the lease, this property is positioned favorably compared to those with shorter leases, which typically command lower prices. Nevertheless, the low confidence level underscores the necessity for potential buyers and investors to conduct thorough due diligence, taking into consideration the broader market trends and local developments that may impact future valuation trajectories.