4 Room (4NG) HDB for Sale in 18 Hougang Avenue 3

The valuation of the 4-room HDB unit in Hougang, with a remaining lease of 51 years, stands at an estimated value of $371,463, translating to a price per square foot (PSF) of $375. This valuation is notably above the market norm, reflecting a significant 34.6% difference from the baseline. The elevated pricing suggests a premium demand for properties in this area, potentially driven by factors such as local amenities, transportation links, and community desirability.

However, the model confidence in this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity serving as a comparative benchmark. Such a small sample size can lead to considerable variability in price assessment, making it essential for prospective buyers and investors to exercise caution and conduct thorough due diligence. As the HDB market continues to evolve, understanding the implications of remaining lease length on property value becomes increasingly critical, especially in a landscape where buyers are often sensitive to lease tenure and its impact on long-term investment viability.