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

The valuation of the HDB 4-room property located in the highly sought-after precinct of Bishan reflects a robust market signal, with an estimated value of $569,828 or $563 PSF. This valuation exceeds the baseline by 8.5%, indicating a notable premium that suggests strong demand dynamics in the area. The remaining lease of 53 years adds a layer of complexity to the valuation, as properties with shorter leases often experience volatility in pricing. However, in this case, the Bishan locality continues to attract buyers, reflected in the high confidence level of the valuation model.

With insights drawn from 350 recent HDB resale transactions in the vicinity, this valuation is underpinned by a solid analytical foundation, reinforcing the view that Bishan remains a desirable residential enclave. Factors contributing to this premium include its strategic location, integration with public transport, and proximity to quality educational institutions, all of which bolster the area's liveability quotient. As the market continues to evolve, potential buyers should consider both the long-term lease tenure and the prevailing market dynamics as they evaluate this investment opportunity.