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

The valuation of the HDB 5 Room unit in Bishan, with a remaining lease of 60 years, stands at an estimated value of $852,709, which translates to a price per square foot (PSF) of $655. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently positioned at the equilibrium point of demand and supply in the local housing market.

Analyzing recent market dynamics, this valuation is supported by a robust dataset comprising 144 recent HDB resale transactions in the vicinity. The high model confidence indicates a strong alignment with prevailing market conditions, underscoring the stability of the Bishan area as a sought-after residential locale. The remaining lease of 60 years is a critical factor, as it positions the property within a competitive market segment while offering potential for capital appreciation over time, given Bishan’s strategic location and established amenities.