4 Room (4A) HDB for Sale in 217 Bishan Street 23

The HDB 4-room property located in the highly desirable Bishan district is currently estimated at a value of $737,505, translating to a price per square foot (PSF) of $666. This valuation reflects a compelling market signal, as it registers a substantial 15.3% above the baseline value, indicating strong demand and a competitive edge within the current HDB resale landscape. The property boasts a remaining lease of 63 years, which is a crucial factor influencing buyer sentiment and market performance in this sought-after area.

Our analysis, grounded in data from 338 recent HDB resale transactions within the vicinity, reveals a high model confidence in this valuation. The significant premium over the baseline suggests that prospective buyers are willing to invest in this property, driven by Bishan's strategic location, robust infrastructure, and amenity-rich environment. As the market continues to evolve, this HDB unit not only exemplifies the inherent value associated with long-term leases but also highlights the current dynamics of supply and demand within Singapore's real estate market.