5 Room (5I) HDB for Sale in 175 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 $816,715, translating to a price per square foot (PSF) of $627. This figure reflects a significant market signal, indicating a premium of 18.5% above the baseline value for similar properties in the area. Such a notable deviation suggests a robust demand for HDB units in this prime location, driven by its proximity to essential amenities and notable transport links.

Our model confidence in this valuation is rated high, based on a comprehensive analysis of 132 recent HDB resale transactions within the vicinity. The consistent performance of these transactions reinforces the perception of Bishan as a desirable residential enclave, appealing to families and young professionals alike. As the remaining lease continues to diminish, the interplay between leasehold duration and market dynamics will be crucial in shaping future valuations. Investors and homeowners should closely monitor these factors, as they will undoubtedly influence the HDB market landscape in the coming years.