Common Room (HDB) for Rent in 2 Balestier Road

The valuation of the HDB 4 room unit in Bishan, with a remaining lease of 75 years, stands at an estimated value of $77,927, translating to a price per square foot (PSF) of $779. This assessment reflects a market signal that indicates a stable demand, as it shows no deviation from the baseline market price. Such stability is a positive indicator for potential buyers and investors, suggesting that the property is well-positioned within the current market dynamics of the Bishan area.

With a robust model confidence rating of high, this valuation is supported by an analysis of 357 recent HDB resale transactions in the vicinity, providing a strong empirical foundation. The remaining lease of 75 years is particularly advantageous in Singapore’s real estate context, where properties with longer leases are often perceived to retain their value more effectively. As the Bishan neighborhood continues to develop and flourish, this property not only presents a viable investment opportunity but also embodies the enduring appeal of living in a well-connected and vibrant community.