4 Room (4A) HDB for Sale in 117B Jalan Tenteram

In the competitive landscape of Singapore's real estate market, the recent valuation of a 4-room HDB flat in Bishan stands out as a noteworthy indicator of prevailing market dynamics. With an estimated value of $788,428 or $788 PSF, this property not only reflects the intrinsic qualities associated with living in one of Singapore's most sought-after residential districts but also commands a premium price that is significantly above the market baseline by 17.7%. This valuation is underpinned by robust demand and limited supply, coupled with the property’s remaining lease of 89 years, which positions it favorably for both owner-occupiers and investors seeking long-term appreciation.

The high model confidence rating, derived from an analysis of 464 recent HDB resale transactions in the vicinity, reinforces the legitimacy of this valuation. The Bishan area is renowned for its strategic location, excellent connectivity, and proximity to key amenities, making it a prime choice for families and professionals alike. As we observe the continuing trends in HDB prices, this valuation serves as a crucial signal of the market's health and the increasing desirability of properties within this vibrant neighborhood.