5 Room (5I) HDB for Rent in 262 Bishan Street 22

The valuation for the 5-room HDB in Bishan, with a remaining lease of 75 years, stands at an estimated value of $101,327, translating to a price per square foot (PSF) of $779. This valuation reflects a market signal that indicates stability, with no deviation from the baseline price. Such consistency in pricing suggests a balanced demand-supply dynamic in the Bishan area, a locality renowned for its robust infrastructure, accessibility, and vibrant community amenities.

With analysis based on 193 recent HDB resale transactions in the vicinity, the high model confidence underscores the reliability of this estimate. The enduring appeal of Bishan, coupled with its strategic positioning within the Central Region of Singapore, continues to attract a diverse demographic of buyers. The remaining lease of 75 years offers potential homeowners a substantial duration of tenure, which is particularly attractive in the current market, where leasehold considerations are increasingly paramount. This valuation positions the property favorably within the market spectrum, reflecting both its intrinsic value and the overarching trends influencing HDB prices in Singapore.