10 Bed Terraced House (Landed) for Sale in Prome Road

The recent valuation of the HDB Executive unit in Bishan, with a remaining lease of 75 years, stands at an impressive $3,546,801 or $843 PSF. This valuation not only reflects the intrinsic value of the property but also underscores the strong demand for HDB units in this sought-after locale. The estimated value positions the property significantly above the market baseline by 77.6%, indicating a robust market signal that suggests a premium is being placed on properties in this area. This phenomenon is particularly notable given the area's reputation for high-quality living standards and its strategic location, which continues to attract a diverse demographic of buyers.

The analysis is further substantiated by data derived from 73 recent HDB resale transactions within the vicinity, providing a solid foundation for the high model confidence rating. The elevated pricing may be attributed to several factors, including limited supply in the market, the desirability of Bishan's amenities, and its connectivity to critical transport nodes. As such, this valuation serves as a critical indicator for both potential buyers and investors, highlighting the resilience and attractiveness of HDB properties in premium districts like Bishan, even amidst fluctuating market conditions.