Common Room (HDB) for Rent in 470A 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 $81,186, translating to a price per square foot (PSF) of $752. This figure reflects a market signal indicating no deviation from the established baseline, suggesting a stable demand environment for HDB properties in this locality. The current valuation is supported by a robust analysis of 23 recent HDB resale transactions within the vicinity, reinforcing the observed market dynamics.

With a remaining lease of 88 years, this property holds a significant advantage in the competitive HDB market of Singapore. The high model confidence rating indicates a strong predictive accuracy of the valuation based on current market trends and historical data. Investors and homeowners alike can take solace in the stability of the Hougang area, which continues to demonstrate resilience in property values amidst fluctuating economic conditions. Such factors contribute to a favorable outlook for potential buyers, aligning well with the overall market sentiment surrounding HDB properties.