Maisonette HDB for Sale in 654 Hougang Avenue 8

The valuation of the HDB Executive property in Hougang, with a remaining lease of 75 years, is estimated at $961,729, translating to $612 per square foot (PSF). This valuation reflects a modest market signal, showing a 2.5% difference from the baseline pricing, indicating a relatively stable yet competitive market environment. Such a slight deviation suggests that while there is inherent demand for HDB properties in the area, buyers are exercising caution, potentially influenced by broader economic factors and local market conditions.

It is noteworthy that this valuation is derived from just two recent HDB resale transactions in the vicinity, which contributes to a low model confidence level. This limited data set may not fully capture the nuances of the current market dynamics, particularly in a diverse and evolving neighborhood like Hougang. As the remaining lease is significant at 75 years, it enhances the property’s appeal to families and long-term investors. However, prospective buyers should remain vigilant regarding the fluctuating market conditions, which could influence future valuations and resale potential.