4 Room (4A) HDB for Rent in 211 Bishan Street 23

The valuation of the 4-room HDB property in Bishan, with a remaining lease of 75 years, stands at an estimated value of $920,376, translating to a price per square foot (PSF) of $731. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable pricing environment within the locality. The Bishan area, known for its strategic location and robust amenities, has consistently attracted homebuyers, yet the current model confidence remains low, reflecting potential volatility in the market dynamics.

Analyzing the recent transactions in the vicinity, which are based on three comparable HDB resale properties, it is crucial to note that the absence of price fluctuation indicates a balanced supply and demand scenario. However, with a remaining lease of 75 years, prospective buyers should consider the implications of lease decay and its influence on long-term investment potential. The stability in pricing, coupled with the strong community infrastructure in Bishan, positions this property as a viable option, albeit with a cautious outlook given the model's low confidence rating. Stakeholders should remain vigilant to shifts in market conditions that could impact future valuations.