5 Room (5I) HDB for Sale in 209 Bishan Street 23

The valuation of the HDB 5-room unit in Bishan, with a remaining lease of 63 years, stands at an estimated value of $845,230, translating to a price per square foot of $644. This assessment indicates a market signal that is significantly above the baseline, with a remarkable 65.6% difference. Such a valuation suggests a strong demand for HDB properties in this prime district, known for its strategic location and proximity to essential amenities, educational institutions, and transport links.

However, it is imperative to note that the model confidence for this valuation is categorized as low, primarily due to the limited data pool, as it is based on only one recent HDB resale transaction in the vicinity. This lack of robust comparative data can introduce a degree of uncertainty, necessitating caution for potential buyers and investors. As the market continues to evolve, stakeholders should consider the dynamics of the leasehold tenure and its implications on long-term investment viability, particularly in a region as sought after as Bishan.