4 Room (4A) HDB for Sale in 964 Hougang Avenue 9

The valuation of the 4-room HDB flat in Hougang, with a remaining lease of 71 years, positions it at an estimated value of $537,490, translating to $494 PSF. This valuation is notably above the market baseline by 11.4%, indicating a premium pricing dynamic that merits further examination. The premium may be influenced by various factors, including the desirability of the Hougang area, which has consistently shown strong demand due to its accessibility and community amenities, as well as the overall resilience of the HDB market in Singapore.

However, it is important to note that the model confidence for this valuation is labeled as low, derived from only two recent HDB resale transactions in the vicinity. This limited dataset raises caution regarding the robustness of the valuation, suggesting that further market movements or additional data points could significantly influence the current valuation landscape. Investors and homeowners alike should consider these dynamics, particularly in light of the remaining lease period, as the interplay between lease duration and market demand will remain a critical factor in determining the long-term value retention of HDB properties in this vibrant district.