Multi Gen HDB for Sale in 377A Hougang Street 32

The valuation of the HDB 5-room unit in Hougang, with a remaining lease of 94 years, stands at an estimated value of $1,172,812, translating to a price per square foot (PSF) of $906. This valuation reflects a market signal indicating a 2.3% deviation from the baseline, suggesting a relatively stable demand within the local housing market. The Hougang area has historically been a sought-after locale, known for its accessibility and community amenities, which enhances the overall appeal of this property type.

However, the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales can introduce volatility in the pricing assessments, warranting a cautious interpretation of the estimated value. As the market dynamics evolve, the remaining lease period of 94 years underscores the long-term investment potential, while also necessitating close monitoring of market trends that could impact future valuations.