4-Room HDB for Room Rent: 22 Boon Keng Road

In the competitive landscape of Singapore's HDB market, the valuation of the 4-room unit in Bishan reflects a nuanced interplay of lease duration and local market trends. With a remaining lease of 45 years, this property holds an estimated value of $54,284, equating to a price per square foot (PSF) of $339. This valuation positions the property at a critical juncture, revealing a market signal that is currently at par with the baseline, indicating stable pricing dynamics in the area.

The model confidence level is assessed as medium, suggesting a moderate degree of reliability in the valuation outcome, informed by a recent analysis of nine comparable HDB resale transactions in the vicinity. Such a sample size provides a foundational context for understanding the local market's responsiveness to key factors such as demand, lease tenure, and overall economic conditions. As Bishan continues to be a sought-after residential locale, potential buyers and investors should consider the implications of the remaining lease on future resale opportunities, alongside the current market stability that suggests a balanced demand-supply scenario.