4+1 Bed Walk-up Apartment (Condo) for Sale in Balestier Road

The HDB 4 Room property located in the highly sought-after district of Bishan presents an estimated market value of $840,638, translating to a price per square foot (PSF) of $781. With a remaining lease of 75 years, this property stands at a premium within the current market landscape, reflecting a significant 120.1% deviation from the baseline valuation. This elevated valuation indicates robust demand and buyer confidence in the area, which is characterized by its strategic location and comprehensive amenities.

Analyzing the market dynamics, the model confidence for this valuation is rated as high, supported by data derived from 357 recent HDB resale transactions within the vicinity. The substantial premium reflects not only the desirability of Bishan as a residential locale but also the underlying fundamentals of the HDB market in Singapore, where factors such as proximity to public transport, educational institutions, and recreational facilities play a pivotal role in driving property values. In this context, the property not only represents a sound investment but also exemplifies the evolving trends in HDB living, underscoring the significance of lease duration as a critical factor for prospective buyers.