5 Room (5I) HDB for Sale in 145 Bishan Street 11

The valuation for the 5-room HDB unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $796,635, translating to $607 per square foot. This valuation reflects a significant market signal, indicating a pricing level that is approximately 11.6% above the baseline. Such a premium suggests that there is heightened demand for HDB properties in this desirable district, which is characterized by its proximity to reputable schools, parks, and convenient transport links.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set utilized for the analysis, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparative transactions may affect the robustness of the valuation. Potential buyers and investors should approach this valuation with an understanding of the prevailing market dynamics and consider the implications of the remaining lease period on long-term property value appreciation.