4 Room (4NG) HDB for Rent in 211 Bishan Street 23

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 75 years, is estimated at $913,066, translating to $731 PSF. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market expectations. The stability in pricing can be attributed to the area's enduring appeal, characterized by its strategic location and robust amenities, which continue to attract prospective buyers and investors alike.

However, it is crucial to note that the model confidence for this valuation is classified as low, indicating potential variability in market conditions. This uncertainty may stem from a limited data set, as the valuation is based on just three recent HDB resale transactions in the vicinity. Investors should consider the implications of the remaining lease period and the overall market dynamics in Bishan, where demand may fluctuate based on economic conditions and demographic shifts. As such, while this HDB unit presents a competitive valuation, stakeholders are advised to remain vigilant of broader market trends and local developments that could influence future property values.