4 Room (4A) HDB for Sale in 115 Bishan Street 12

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 58 years, has been estimated at $744,851 or $666 PSF. This figure reflects a significant premium compared to the baseline market prices, showcasing a 25.5% increase which categorizes this property as above market. Such a valuation indicates a strong demand for HDB units within the Bishan precinct, which is renowned for its strategic location, connectivity, and community amenities.

However, it is essential to note that the model confidence is rated as low, suggesting that the valuation is based on only two recent HDB resale transactions in the vicinity. This limited dataset may not fully capture the broader market dynamics or trends affecting property values in the area. The remaining lease of 58 years also plays a critical role in the valuation, as properties with shorter leases often face more significant depreciation in value over time. Investors and potential buyers are advised to consider these factors carefully while assessing the desirability and investment potential of this HDB unit.