4 Room (4A) HDB for Sale in 262 Bishan Street 22

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 64 years, has been estimated at $767,247, translating to a price per square foot (PSF) of $636. This valuation reflects a 4.1% deviation from the baseline market price, indicating a modest premium in comparison to similar properties in the area. Such a premium suggests a healthy demand for HDB units within this coveted district, known for its strategic location and robust amenities.

However, the model confidence for this valuation is classified as low, a factor that warrants careful consideration. The analysis is based on seven recent HDB resale transactions in the vicinity, which may not provide a comprehensive picture of the dynamic market landscape. The remaining lease period of 64 years also plays a crucial role in influencing market perceptions and potential future value, as properties with shorter leases typically face diminished buyer interest. Overall, while the valuation indicates a strong market signal, prospective buyers and investors should remain vigilant about the underlying lease dynamics and market fluctuations that could impact long-term value appreciation.