4-Room HDB for Room Rent: 102 Jalan Rajah

The HDB 4-room unit located in the highly sought-after district of Bishan, with a remaining lease of 57 years, has been appraised at an estimated value of $92,450, translating to a competitive rate of $616 per square foot (PSF). This valuation reflects the current market dynamics, with a zero percent deviation from the baseline price, indicating a stable and resilient market sentiment within the vicinity. Such stability is particularly noteworthy given the ongoing fluctuations in the broader real estate landscape.

Our analysis is underpinned by a robust dataset of 150 recent HDB resale transactions in the area, which demonstrates a high model confidence level. The sustained demand for properties in Bishan, coupled with its strategic location and amenities, has solidified its reputation as a prime residential choice among families and investors alike. As the remaining lease diminishes, it will be vital for potential buyers to consider the implications of leasehold dynamics on future value appreciation. Nonetheless, this HDB unit remains a compelling option in the current market, presenting an attractive entry point for discerning homeowners and investors.