4 Room (4S) HDB for Rent in 112 Bishan Street 12

The valuation of the HDB 4-room property located in the highly sought-after district of Bishan, with a remaining lease of 58 years, stands at an estimated value of $600,686, equating to $664 PSF. This valuation reflects a market price that shows 0% difference from the baseline, indicating a stable market condition with no notable fluctuations in pricing within the area. This stability may suggest a balanced supply and demand dynamic, particularly given Bishan's reputation as a desirable residential enclave.

However, it is essential to note that the model confidence for this valuation is categorized as low, based on analysis derived from only five recent HDB resale transactions in the vicinity. The limited sample size may not adequately represent the broader market trends and could introduce variability in the valuation accuracy. The remaining lease of 58 years is a crucial factor to consider, as it may impact the long-term investment potential of this property. Buyers should weigh the implications of lease duration against the backdrop of Bishan's vibrant community and accessibility, which continue to attract interest in the HDB market.