Common Room (HDB) for Rent in 164 Bishan Street 13

The valuation of the HDB 4-room unit in Bishan, with an estimated value of $155,823 or $779 PSF, reflects a stable market sentiment in this highly sought-after district. With a remaining lease of 75 years, this property is positioned favorably within the Singaporean housing landscape, where lease tenure plays a critical role in influencing buyer interest and pricing. The model confidence for this valuation is rated as High, bolstered by data derived from 353 recent HDB resale transactions in the vicinity, which provides a robust basis for our analysis.

Notably, the market price indicates a 0% difference from the baseline, suggesting that the current valuation aligns precisely with prevailing market conditions. This equilibrium reflects a balanced supply-demand dynamic in Bishan, a locality renowned for its strategic connectivity and community amenities. As the Singaporean property market continues to evolve, the resilience of HDB values in such prime areas underscores their enduring appeal, particularly for families seeking long-term residential stability in a vibrant urban environment.