4-Room HDB for Room Rent: 235 Bishan Street 22

The valuation of the 4-room HDB in Bishan, with a remaining lease of 63 years, stands at an estimated value of $138,366, equating to a price per square foot (PSF) of $692. This valuation reflects a market price that is aligned with the baseline, indicating a zero percent difference. Such stability in pricing suggests that the property is currently well-positioned within the local market, maintaining its value amidst varying economic conditions.

However, it is important to note the model confidence is categorized as low, which underscores the necessity for cautious interpretation of this valuation. The low confidence level is derived from the limited data available, with only two recent HDB resale transactions in the vicinity informing this estimate. This indicates a potential lack of robust market activity that could affect future price movements. Investors and homeowners should consider the implications of the remaining lease period on long-term value appreciation, particularly in a dynamic market such as Singapore's, where lease duration can significantly impact buyer sentiment and resale potential.