5 Room (5I) HDB for Sale in 136 Bishan Street 12

The valuation of this 5-room HDB unit in Bishan, with a remaining lease of 60 years, stands at an estimated value of $775,200, translating to a price per square foot (PSF) of $590. This appraisal indicates a significant market signal, positioning the property above the baseline by an impressive 54.8%. Such a premium suggests that the unit may possess unique attributes or appeal, drawing buyers despite the relatively shorter lease compared to some neighbouring properties.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data point raises concerns regarding the robustness of the valuation, as it may not accurately reflect broader market trends or the true demand for HDB units in this sought-after locale. As Bishan continues to evolve as a vibrant residential hub, potential buyers should weigh these factors carefully, considering both the lease duration and the current market dynamics while making informed decisions.