5 Room (5A) HDB for Sale in 273 Bishan Street 24

The valuation of the HDB 5-room property in Bishan, with a remaining lease of 84 years, stands at an estimated value of $1,559,065, translating to a price per square foot of $1,207. This valuation is particularly noteworthy as it reflects a favorable market signal, categorized as a Good Deal due to its 12.4% difference from the baseline. Such a substantial variance from the baseline indicates a competitive pricing strategy that aligns with current market dynamics, suggesting strong demand for HDBs in this sought-after location.

Our analysis is supported by a robust dataset, incorporating insights from 22 recent HDB resale transactions in the surrounding vicinity, which further enhances the confidence in this valuation model—classified as High Confidence. The Bishan district is recognized for its strategic location, connectivity, and amenities, making it a premium choice for families and investors alike. The remaining lease of 84 years provides a significant buffer for potential buyers, as properties with longer leases tend to maintain their value better over time, thereby mitigating the risks often associated with shorter lease tenures.