5 Room (5I) HDB for Sale in 250 Bishan Street 22

The valuation of the HDB 5 Room property in Bishan, with a remaining lease of 75 years, stands at an estimated value of $1,096,721, translating to a competitive $778 PSF. This valuation positions the property significantly above the market average, reflecting a notable 9.4% premium compared to the baseline. Such a premium is indicative of the strong demand and desirability associated with the Bishan precinct, a well-established residential area known for its strategic location and robust amenities.

With a high model confidence rating and analysis based on 184 recent HDB resale transactions in the vicinity, this valuation underscores the resilience of the Bishan real estate market. The remaining lease of 75 years offers prospective buyers a substantial tenure, which is increasingly appealing in a landscape where leasehold properties are often scrutinized for their remaining lease duration. As the market dynamics evolve, the premium attached to this property not only highlights its intrinsic value but also reflects broader trends of investor confidence and the ongoing allure of Bishan as a prime residential hub.