5 Room (5I) HDB for Sale in 146 Bishan Street 11

The valuation of the HDB 5-room property in Bishan, with a remaining lease of 60 years, stands at an estimated value of $760,508, translating to a price per square foot (PSF) of $579. This valuation indicates a notable market signal, being above the baseline by 21%. Such a premium valuation suggests a strong demand for properties in this sought-after residential enclave, known for its strategic location, proximity to amenities, and reputable schools.

However, it is crucial to note the model confidence level for this valuation is categorized as low, primarily due to the reliance on a limited data set, with only one recent HDB resale transaction in the vicinity serving as a reference point. This lack of broader market data may introduce volatility into the valuation, making it imperative for potential buyers and investors to exercise caution. The dynamics of the HDB lease, particularly with a remaining 60 years, should also be factored into any investment decision, as leasehold properties can exhibit varied appreciation potential compared to freehold counterparts.