173 Bishan Street 13 570173, Bishan East, Central Region, Singapore
$1,000,000
This flat is a 5 Rooms HDB for sale in 173 Bishan Street 13, a stunning HDB Resale Flat in Singapore. One of the Best Direction and level you can get! Key feature ✓ Excellent condition ✓ Well-maintained and renovated condition ✓ Well-kept unit condition ✓ Efficient layout ✓ Good layout ✓ Spacious layout ✓ Squarish layout ✓ Regular layout for furniture placement ✓ Bright and airy ✓ Corner unit ✓ Great ventilation ✓ No west sun ✓ Quiet and peaceful facing ✓ Quiet area ✓ Enclosed kitchen ✓ Convenient location ✓ Excellent location ✓ Great for own stay If you are searching for a HDB in Singapore, look no further than this stunning HDB for Sale in Bishan. Located in District 20, Bishan Spring was completed in 1986 and is a 99 year leasehold HDB Development. This hdb for sale is one of a total of 76 units in the development which has a total of 21 floors and is one of 55 HDB blocks on Bishan Street 13. If you are looking for a property in the Bishan HDB Estate, this might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • 1 MRT within 1 km ⭑ Nearby Bus stops • Zion Bible Presby Church (59 m) - 1 mins walk • Blk 169 (123 m) - 2 mins walk • Opposite Kuo Chuan Presbyterian School (205 m) - 3 mins walk • 5 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • 10 grocery stores within 1 km ⭑ Nearby Schools • Kuo Chuan Presbyterian Primary School (201 m) - 3 mins walk • Kuo Chuan Presbyterian Secondary School (243 m) - 4 mins walk • Australian International School Singapore (567 m) - 6 mins drive • 5 more schools within 1 km ⭑ Nearby Parks • Bishan Circular Cycling Ramp (580 m) - 3 mins drive • Laut lepas singapore (819 m) - 7 mins drive • Chiltern Drive Interim Park (870 m) - 7 mins drive Please call lenghua sim @ 9853 XXXX to arrange for a viewing.
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$1.00M
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
In the dynamic landscape of Singapore's real estate market, the HDB 5 Room property located in Bishan presents an intriguing valuation scenario. With a remaining lease of 59 years, this unit is estimated at a value of $816,832, translating to a price per square foot (PSF) of $627. Notably, this valuation exceeds the baseline by 22.4%, indicating a strong market signal that positions this property above the prevailing market rates. Such a premium valuation may suggest desirable features or amenities inherent to the property or its location, which could be driving demand despite the reduction in lease term.
However, it is crucial to consider the model confidence associated with this valuation, which is categorized as low. This low confidence level arises from a limited number of comparative transactions, with only two recent HDB resale transactions in the vicinity informing this estimate. As a result, potential investors should exercise caution and conduct further due diligence to assess the sustainability of this premium. Factors such as local market trends, demographic shifts, and upcoming infrastructural developments could significantly impact future valuations in this area, making it essential to stay attuned to the evolving market dynamics.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.