5 Room (5I) HDB for Sale in 310 Hougang Avenue 5

The valuation of the 5-room HDB unit in Hougang, with a remaining lease of 56 years, stands at an estimated value of $536,488, translating to a price per square foot (PSF) of $412. This valuation is noteworthy, as it reflects an above-market position, with a significant 30.4% difference from the baseline. Such a premium suggests heightened demand and desirability in the Hougang area, which may be driven by various factors including the locality's amenities, accessibility, and overall livability.

Market dynamics indicate a robust interest in HDB properties in this vicinity, supported by the analysis of 11 recent resale transactions in the area. The model confidence for this valuation is classified as medium, indicating a fair level of reliability in the data and trends observed. Buyers and investors should consider the implications of the remaining lease period; while 56 years is substantial, it may influence long-term investment strategies and resale potential. Overall, this property presents a compelling opportunity for discerning buyers seeking value in a vibrant and evolving neighborhood.