4 Room (4A) HDB for Rent in 138 Bishan Street 12

The valuation of the HDB 4 room unit in Bishan, with a remaining lease of 60 years, is estimated at $680,321 or $614 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference from comparable properties in the area. Such stability in pricing suggests a resilient demand for HDB units within this prime district, renowned for its excellent connectivity and proximity to amenities.

However, the model confidence associated with this valuation is categorized as low, primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This may point to a cautious market sentiment, where potential buyers are weighing options amidst varying lease tenures and the overall economic landscape. As the remaining lease stands at 60 years, buyers should consider the implications of lease decay on future value, while assessing the potential for appreciation given Bishan's enduring appeal as a sought-after residential locale.