4 Room (4A) HDB for Sale in 104 Towner Road

This valuation report focuses on a 4-room HDB property located in the highly sought-after Bishan estate, with a remaining lease of 55 years. The estimated value stands at $647,608, translating to $584 per square foot (PSF). However, this valuation is notably positioned above the current market baseline by 20.4%, suggesting a premium pricing relative to comparable properties in the vicinity.

Despite the attractive location and the potential for appreciation, it is essential to note that the model confidence is classified as low, primarily due to the limited data set, which is based on only one recent HDB resale transaction in the area. This lack of robust transactional data may indicate fluctuations within the market dynamics, particularly as competition in the Bishan district remains high. Buyers should exercise caution and consider the implications of the remaining lease on long-term investment potential, as HDB properties with shorter remaining leases can face challenges in resale value.