4 Room (4S) HDB for Sale in 189 Bishan Street 13

The valuation of the HDB 4 Room unit in Bishan, with a remaining lease of 60 years, stands at an estimated value of $654,527, translating to a price per square foot (PSF) of $716. This valuation reflects a notable premium, positioned at a remarkable 20.7% above the baseline market value. Such a significant deviation from the baseline indicates a robust demand for properties within this locale, underscoring the desirability of Bishan as a residential enclave.

However, it is imperative to approach this valuation with caution, as the model confidence is classified as low, largely due to the reliance on a singular recent resale transaction within the vicinity. This limited data point may not adequately capture the broader market dynamics and trends influencing property values in Bishan. As the remaining lease of 60 years is a critical factor influencing buyer sentiment, prospective investors should consider both the current market signals and the long-term implications of lease duration on the investment's potential appreciation.