3 Room (3I) HDB for Sale in 313 Hougang Avenue 5

The HDB 3 Room property located in Hougang, with a remaining lease of 54 years, presents a compelling investment opportunity at an estimated value of $380,950, translating to $494 per square foot. This valuation is notably positioned above the market average, reflecting a significant 36.5% increase from the baseline. Such a premium pricing suggests strong demand within the Hougang area, underscoring the desirability of HDB properties in this mature residential enclave.

Market dynamics indicate a robust interest in Hougang, supported by recent transactional data from 11 comparable HDB resale transactions within the vicinity. The medium confidence level of our valuation model further emphasizes the need to consider the unique characteristics of this property, including its lease duration and the evolving market sentiment. As leasehold properties continue to attract buyers seeking both long-term residency and investment potential, this property’s valuation may serve as an essential benchmark for future listings in the area.