4 Room (4S) HDB for Sale in 171 Bishan Street 13

The HDB 4-room property located in Bishan, with a remaining lease of 60 years, presents a compelling investment opportunity within the current market dynamics. Valued at an estimated $584,065, equating to $646 per square foot, this property is positioned significantly above the baseline market value, reflecting a notable 26.7% premium. Such a valuation is indicative of the strong demand for real estate in the Bishan area, a highly sought-after locale known for its excellent connectivity, vibrant community amenities, and proximity to reputable educational institutions.

Analyzing the broader market context, this valuation is supported by a robust model confidence rating, underpinned by data derived from 184 recent HDB resale transactions in the vicinity. The sustained interest in Bishan, alongside limited supply and the appeal of remaining lease terms, contributes to the elevated valuation. Investors and homeowners alike should consider the implications of the remaining lease, as properties in established districts like Bishan continue to command a premium, driven by both intrinsic value and the socio-economic factors that enhance livability and desirability. This property not only reflects current market conditions but also signals the potential for capital appreciation in a competitive landscape.