4 Room (4A) HDB for Rent in 228 Bishan Street 23

The valuation of the HDB 4 Room unit in Bishan, with a remaining lease of 62 years, is currently estimated at $818,260, translating to approximately $667 PSF. This valuation is particularly noteworthy as it reflects a market price that shows a 0% difference from the baseline, suggesting a stable demand for HDB properties in this highly sought-after district. Bishan, known for its strategic location and robust amenities, continues to attract buyers, thereby supporting property values in the area.

However, the model confidence for this valuation is classified as low, indicating potential fluctuations influenced by various market dynamics. The analysis is based on three recent HDB resale transactions in the vicinity, which serve as a foundation for understanding current market trends. Buyers should consider the remaining lease, as properties with longer leases typically command higher interest and can be viewed as more secure investments. As the Singapore real estate market evolves, ongoing assessments of leasehold dynamics and local demand will be crucial for prospective buyers and investors alike.