173 Bishan Street 13 570173, Bishan East, Central Region, Singapore
$999,999
Buyer advantages: *No extension needed! *All races eligible *Serious and motivated seller This is a high-demand point block unit featuring a rare, squarish and efficient layout perfect for families. This spacious home offers privacy in a prime location surrounded by many good schools and amenities. Bishan Mall, Bishan MRT, Bishan Interchange are all easily accessible by bus or walking. Prime Connectivity: 693m Bishan MRT (North-South Line), Bishan Bus Interchange - 8min bus, 11 min walk Malls: Junction 8 (674m) Groceries: Fairprice 510 Bishan St 13 (523m) Giant 512 Bishan St 13 (529m) Fairprice Finest Junction 8 (693m) Food Options Nearby: Bishan 151 Coffee Shop Bishan 150 Yang Ming Seafood, Scissors Cut Curry rice Junction 8 Schools: Kuo Chuan Presbyterian Primary School (202m) Guangyang Primary School (581m) First Toa Payoh Primary School (872m) St Gabriel’s Primary School (912m) Catholic High School( 1.3km) CHIJ Our Lady of Good Counsel (1.53km) Kuo Chuan Presbyterian Secondary School (281m) Guangyang Scondary School (584m) Beatty Secondary School (698m) Raffles Institution (948m) Catholic High School (1.3km) Raffles Institution (948m) Nanyang Junior College (1.39km) St. Andrew’s Junior College (1.93km) Upcoming transformation: New Bishan sub-regional centre will feature a new polyclinic, hawker centre, and an upgraded bus interchange with air-conditioned waiting areas. *Some images touched up with AI for clutter and illustration purposes For an exclusive viewing, please contact: Melody I 8322.8789 Associate Manager | Propnex Realty Pte Ltd JNA Real Estate We have sold over 2,200 homes, achieved 8 out of 10 record prices, and served more than 900 investors, delivering an impressive average annual return of 19.56%. Contact me for a non-obligatory consultation.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$816,832
S$627 psf
Asking Price
S$999,999
S$768 psf
vs Market
+22.4%
vs Last Done
+3.1%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Bishan
687m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$730
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$627
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 173 BISHAN ST 13 Floor 10 TO 12 | 1,302sqft | S$970,888 | ▲S$745 +18.8% vs FV | 99yr from 1987 |
Nov 2024 | Blk 173 BISHAN ST 13 Floor 10 TO 12 | 1,302sqft | S$970,888 | ▲S$745 +18.8% vs FV | 99yr from 1987 |
Jun 2024 | Blk 173 BISHAN ST 13 Floor 04 TO 06 | 1,302sqft | S$930,000 | ▲S$714 +13.9% vs FV | 99yr from 1987 |
Blk 173 BISHAN ST 13
Nov 2024 · Floor 10 TO 12
+18.8% vs FV
Blk 173 BISHAN ST 13
Nov 2024 · Floor 10 TO 12
+18.8% vs FV
Blk 173 BISHAN ST 13
Jun 2024 · Floor 04 TO 06
+13.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $816,832, translating to a price per square foot (PSF) of $627. This valuation indicates a significant market signal, being priced 22.4% above the baseline, which suggests a robust demand for HDB properties in this sought-after precinct. Bishan is renowned for its strategic location, excellent connectivity, and proximity to amenities, contributing to the heightened buyer interest and ultimately driving up property values.
However, it is essential to note that the model confidence for this valuation is classified as low, taking into account only two recent HDB resale transactions within the vicinity. This limited data set may not adequately capture the broader market trends or fluctuations, thereby necessitating a cautious approach for potential investors. As the remaining lease period is a critical factor in HDB valuations, prospective buyers must consider the implications of the remaining 59 years on future resale potential and overall investment yields. The dynamics of the Bishan market indicate a premium positioning, but careful analysis of local market conditions and individual property attributes is paramount for informed decision-making.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.