4 Room (4S) HDB for Sale in 513 Hougang Avenue 10

The HDB 4-room unit located in Hougang, with a remaining lease of 58 years, has been valued at approximately $472,168, translating to $493 per square foot. This valuation positions the property significantly above the current market baseline, reflecting a 33% premium compared to similar units in the area. Such a substantial deviation from the baseline value indicates strong demand dynamics and a potential scarcity of comparable listings, which could be driving buyer competition and pricing power in this segment of the market.

Our assessment is grounded in a comprehensive analysis of 154 recent HDB resale transactions within the vicinity, which lends a high degree of confidence to the model’s output. The remaining lease term of 58 years is a critical factor in the valuation, as it balances the property's longevity with the inherent risks associated with shorter leases. Given the robust demand for HDB flats in well-connected neighborhoods like Hougang, this property presents itself not only as a viable home option but also as an investment opportunity that capitalizes on the prevailing market trends.