5 Bed Terraced House (Landed) for Sale in Boon Teck Road

The HDB Executive in Bishan, with a remaining lease of 75 years, has been appraised at an estimated value of $4,573,202, translating to a price per square foot (PSF) of $843. This valuation positions the property significantly above the market norm, reflecting a remarkable 57.4% differential from the baseline established by recent market analyses. Such a premium valuation indicates heightened demand and desirability in the Bishan area, which is renowned for its strategic location and robust amenities.

The model confidence in this valuation is classified as high, bolstered by a comprehensive review of 69 recent HDB resale transactions in the vicinity. This robust dataset underscores the property’s competitive edge in the market, driven by factors such as its favorable lease tenure and the surrounding infrastructure. The continued appeal of Bishan, coupled with its limited supply of larger HDB units, suggests that the executive flat is not only a residence but a strategic investment opportunity. As the dynamics of the market evolve, such properties may witness sustained interest, further solidifying their value in the long term.