4 Room (4A) HDB for Sale in 249 Bishan Street 22

In the heart of Bishan, this HDB 4-room unit is positioned within a vibrant community, reflecting a robust estimated value of $739,656, equating to $655 PSF. With a remaining lease of 63 years, this property presents a compelling opportunity for both homebuyers and investors alike. The valuation is underpinned by a strong market signal, revealing a mere 1.5% difference from the baseline price, indicating a stable and healthy demand in this sought-after district.

The model confidence in this valuation is categorized as high, bolstered by an extensive analysis of 355 recent HDB resale transactions in the vicinity. Such a significant sample size reinforces the reliability of the valuation, showcasing the steady appreciation of property values in Bishan. The dynamics of the local market suggest that the combination of a desirable location, a well-maintained unit, and the longevity of the leasehold are critical factors driving this valuation, making it an astute consideration for prospective buyers.