4 Room (4S) HDB for Sale in 109 Bishan Street 12

The valuation of the 4-room HDB unit in Bishan, estimated at $569,797 or $630 PSF, reflects a significant premium in the current market, positioning it 38.5% above the baseline. This notable deviation suggests a robust demand for properties in the Bishan area, which is historically recognized for its strategic location and strong community infrastructure. The remaining lease of 58 years indicates a moderate tenure that may influence buyer sentiment, particularly among those considering the long-term implications of leasehold properties in Singapore.

However, the model confidence for this valuation is classified as low, primarily due to the limited data set derived from only three recent HDB resale transactions in the vicinity. This lack of comprehensive comparables may not fully capture the nuanced dynamics of the local real estate market. As such, prospective buyers and investors should exercise caution and further investigate the underlying factors that could affect future resale values, particularly in relation to the remaining lease period and the overall demand for HDB properties in the surrounding Bishan enclave.