4-Room HDB for Room Rent: 119 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 $95,723, translating to a price per square foot (PSF) of $638. This valuation reflects a market signal indicating that the current price aligns perfectly with the baseline, showcasing a 0% difference. Such stability in pricing suggests a robust demand for HDB properties in the Bishan area, which is highly sought after for its strategic location and proximity to key amenities.

Our analysis is supported by a comprehensive review of 183 recent HDB resale transactions within the vicinity, enhancing the confidence in this valuation model, which is rated as high. The sustained interest in this locality can be attributed to several factors, including its excellent connectivity and established community infrastructure. As the property market continues to evolve, the resilience of HDB values in Bishan underscores the importance of considering lease tenure as a critical factor in property investment decisions.