Terraced House for Room Rent: Prome Road

HELIOS AI Analysis

<p>The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 75 years, stands at an estimated value of <strong>$269,574</strong>, translating to a price per square foot (PSF) of <strong>$779</strong>. This valuation is indicative of a stable market condition, as it reflects a <strong>0% difference from the baseline</strong>, suggesting that current prices are in alignment with the recent performance of similar properties in the area.</p> <p>With the model confidence rated as <strong>high</strong>, this valuation is supported by an analysis of <strong>353 recent HDB resale transactions</strong> within the vicinity, demonstrating a robust dataset that enhances the reliability of the estimate. Bishan, known for its prime location and connectivity, continues to attract homebuyers, particularly those seeking the balance of urban convenience and community living. The remaining lease of 75 years positions this property favorably in the market, appealing particularly to families and investors looking for long-term residential options. As such, this valuation reflects not only the intrinsic value of the property but also the broader dynamics of the HDB market in Singapore.</p>