4 Room (4A) HDB for Sale in 252 Bishan Street 22

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 63 years, stands at an estimated value of $931,831, translating to a price per square foot (PSF) of $746. This figure places the property above the market baseline by approximately 6%, indicating a competitive positioning within the current real estate landscape. The elevated valuation reflects the enduring desirability of Bishan as a residential enclave, characterized by its strategic location and robust community amenities.

However, it is important to note that the model confidence for this valuation is classified as low, primarily based on the limited data set of only two recent HDB resale transactions in the vicinity. This warrants a cautious approach for potential buyers and investors, as the lack of comprehensive market data could lead to fluctuations in perceived value. The interplay of the remaining lease term and market dynamics suggests that while the property commands a premium, potential buyers should remain vigilant regarding future market trends and the impact of lease decay over time.