4 Room (4A) HDB for Sale in 287 Bishan Street 24

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 64 years, stands at an estimated value of $738,505, translating to approximately $666 per square foot (PSF). This valuation is notably positioned above the current market baseline, reflecting a significant 15.1% premium. Such a premium indicates robust demand within the Bishan area, which is characterized by its strategic location, proximity to essential amenities, and strong transport links. The market dynamics suggest a competitive landscape, where buyers are willing to invest in properties that offer both lifestyle benefits and potential for value appreciation.

With a model confidence rating categorized as high, this valuation is underpinned by a comprehensive analysis of 185 recent HDB resale transactions within the vicinity. The data-driven approach reinforces the attractiveness of this property, particularly given the limited lease period remaining. As Singapore's property market evolves, the interplay of demand and supply, alongside the remaining lease specifics, will remain critical in shaping future valuations in this sought-after district. Investors and homeowners alike should consider these factors when navigating the HDB landscape in Bishan.