5 Room (5I) HDB for Sale in 5 Boon Keng Road

This report analyzes the valuation of a 5-room HDB unit located in the sought-after district of Bishan, featuring a remaining lease of 69 years. The estimated market value stands at $1,022,860, translating to a price of $767 PSF. This valuation positions the property above the market baseline by 15.4%, indicating a robust demand for HDB units in this prime location. Such a premium suggests that buyers are willing to invest significantly more, reflecting the area's desirability and potential for future appreciation.

The analysis is grounded in a solid dataset, comprising 185 recent HDB resale transactions in the vicinity, reinforcing the model's high confidence in this valuation. Factors contributing to the elevated price point may include Bishan's strategic location, excellent connectivity, and a thriving community, which continue to attract families and young professionals alike. As the market dynamics evolve, this HDB unit stands as a compelling opportunity for discerning buyers looking to capitalize on the enduring appeal of Bishan's residential landscape.