5 Room (5I) HDB for Sale in 21 Saint George's Road

The valuation of the 5-room HDB property in Bishan, with a remaining lease of 57 years, stands at an estimated value of $772,228, equivalent to $608 per square foot (PSF). This valuation indicates a significant market signal, with the property priced above the market average by 29.5%. Such a premium reflects the desirability of the Bishan area, which is renowned for its strategic location, accessibility, and a well-developed community infrastructure. The recent data derived from 92 HDB resale transactions in the vicinity further substantiates this strong market position.

The high model confidence associated with this valuation suggests robust analytical support, taking into account various market dynamics and comparable sales. As the remaining lease period is a critical factor influencing HDB pricing, the 57-year lease remains favorable, particularly in a highly sought-after district like Bishan. Buyers are increasingly drawn to properties that offer both longevity and investment potential, making this HDB unit a compelling option in the current market landscape.