4 Room (4NG) HDB for Sale in 315 Hougang Avenue 5

In the current landscape of Singapore's real estate market, the valuation of the HDB 4 Room unit in Hougang stands at an estimated value of $441,430, translating to $441 PSF. With a remaining lease of 54 years, the property presents a unique investment opportunity, albeit with certain considerations regarding the lease duration. The estimated value indicates a significant premium, as it is assessed to be 24.6% above the baseline market rate, suggesting a strong demand for properties in this particular locale.

However, it is essential to note the low confidence in this model, primarily due to the reliance on only a single recent resale transaction in the vicinity. This limited data point raises questions about the robustness of the valuation, as it may not fully reflect the broader market dynamics or potential fluctuations in buyer sentiment. Investors and homeowners should carefully consider these factors when evaluating this property, particularly in the context of the evolving HDB market landscape in Singapore.