5 Room (5I) HDB for Sale in 172 Bishan Street 13

The valuation of the HDB 5-room unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $816,401, translating to a price per square foot of $627. This valuation is notably positioned above the market baseline by 12.7%, indicating a significant premium in the current real estate landscape. Such a deviation from the average suggests strong demand dynamics within the Bishan area, where limited supply and desirable amenities contribute to the elevated market perception.

With a model confidence rating of high, this valuation is supported by a robust analysis based on 124 recent HDB resale transactions in the vicinity. The sustained interest in Bishan, a mature estate with excellent connectivity and a well-established community, underpins the strong performance of this property. Investors and potential homeowners should carefully consider these factors, as the remaining lease period is a critical component in the valuation of HDB properties, influencing long-term investment potential and occupancy rates.