5 Room (5A) HDB for Rent in 120 Mcnair Road

The valuation of the HDB 5-room property located in the highly sought-after district of Bishan, with a remaining lease of 59 years, stands at an estimated value of $852,759, equating to $644 PSF. This valuation is indicative of the strong demand for HDB properties in this region, reflecting the area's desirability and the robust market dynamics at play. The property’s valuation shows a remarkable stability, with a market price reflecting a 0% difference from the baseline, suggesting that current market conditions are well-aligned with historical pricing trends.

The model confidence for this valuation is categorized as High, substantiated by a comprehensive analysis of 128 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the reliability of the estimated value but also highlights the resilience of the Bishan residential market. As a prime residential locale, Bishan continues to attract both buyers and investors, bolstered by its strategic location and accessibility to amenities. The remaining lease of 59 years positions this property favorably in the market, appealing to prospective homeowners seeking long-term stability in a vibrant community.