5 Room (5I) HDB for Sale in 135 Bishan Street 12

The HDB 5-room unit located in the highly coveted Bishan district has been appraised at an estimated value of $843,305, translating to a price per square foot (PSF) of $648. This valuation reflects a significant market signal, positioning the property at an impressive 18.6% above the baseline market value, indicating robust demand and desirability within the locality. With a remaining lease of 60 years, this property benefits from a balance of long-term tenure and immediate market appeal, making it an attractive proposition for both homeowners and investors alike.

The confidence in this model is rated as high, supported by an extensive analysis of 185 recent HDB resale transactions within the vicinity. This comprehensive dataset underscores the upward momentum in the Bishan real estate market, driven by factors such as proximity to amenities, reputable schools, and excellent transport links. As such, this valuation not only reflects current market trends but also signals potential for future appreciation, solidifying Bishan's status as a prime residential area in Singapore.