4 Room (4S) HDB for Sale in 120 Mcnair Road

The valuation of the HDB 4 Room unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $669,747, translating to a price per square foot (PSF) of $741. This valuation positions the property significantly above the market baseline, reflecting a 7.5% premium. Such a valuation suggests a robust demand for HDB units in this highly sought-after district, which is known for its strategic location and accessibility, as well as its proximity to key amenities and educational institutions.

However, it is critical to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales could indicate potential volatility in the market dynamics, as fluctuations in buyer sentiment and economic conditions may not be fully captured. Investors and homeowners should approach this valuation with a nuanced understanding of the local market trends and the implications of the remaining lease period on future resale opportunities.