4 Room (4NG) HDB for Sale in 102 Jalan Rajah

The valuation of the 4-room HDB property located in Bishan, with a remaining lease of 57 years, stands at an estimated value of $611,462, translating to $604 per square foot (PSF). This valuation reflects a notable 4.3% difference from the baseline market price, indicating a competitive positioning within the current HDB resale market. Such a premium can be attributed to Bishan's strategic location, comprehensive amenities, and robust demand dynamics that consistently draw buyers to the area.

The model confidence for this valuation is categorized as high, grounded in an extensive analysis of 353 recent HDB resale transactions in the vicinity. This substantial dataset not only reinforces the credibility of the estimated value but also highlights the resilience of the HDB market in Bishan, which continues to attract attention despite fluctuating economic conditions. As the remaining lease diminishes, it is imperative for potential buyers to consider the long-term implications on value appreciation and the evolving landscape of public housing in Singapore, particularly in highly sought-after districts like Bishan.