Common Room (HDB) for Rent in 470 Upper Serangoon Crescent

The valuation of the HDB 2 Room unit in Hougang, with a remaining lease of 88 years, stands at an estimated value of $112,758, translating to a price per square foot (PSF) of $752. This valuation reflects a stable market condition, as evidenced by the calculated market price showing no deviation from the baseline. Such stability indicates a balanced demand-supply scenario in the Hougang area, where recent resale transactions have corroborated the market's resilience.

With a high model confidence rating, derived from an analysis of 23 recent HDB resale transactions in the vicinity, this valuation underscores the enduring appeal of HDB properties in the region. The remaining lease of 88 years is a significant factor, providing potential buyers with ample time to enjoy their investment. As the market continues to evolve, this property exemplifies the stability and attractiveness of HDB living in Singapore, particularly in established neighborhoods like Hougang, where community amenities and accessibility further enhance property value.