Maisonette HDB for Sale in 222 Hougang Street 21

In the evolving landscape of Singapore's real estate market, the valuation of the HDB Executive unit in Hougang, with a remaining lease of 63 years, emerges as a significant case study. Priced at an estimated value of $1,061,139, translating to $666 per square foot, this property reflects a noteworthy market signal that positions it 25.3% above the baseline valuation. This premium suggests a robust demand for HDB units within this region, driven by factors such as community amenities, transportation accessibility, and the overall desirability of Hougang as a residential locale.

However, it is essential to note that the model confidence associated with this valuation remains low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This lack of comprehensive transaction data may indicate fluctuations or anomalies in buyer sentiment and market dynamics. As the remaining lease of 63 years continues to play a pivotal role in the attractiveness of the property, potential buyers and investors should carefully consider both the current valuation and the implications of future lease decay in the context of long-term investment strategy.