4 Room (4S) HDB for Rent in 178 Bishan Street 13

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $723,909, translating to a price per square foot of $701. This valuation reflects a market signal indicating a baseline price with a 0% difference from the current market price, suggesting that the property is priced in alignment with recent market trends. Despite the stability in pricing, the model confidence is rated as low, indicating potential volatility or uncertainty in the market dynamics affecting this particular segment.

Recent transactions in the vicinity, comprising four resale units, have provided critical data points for this valuation. The limited variation in these transactions underscores the competitive nature of the Bishan HDB market, which is often influenced by the area's desirability and proximity to amenities. As Bishan continues to benefit from its strategic location and robust community infrastructure, the remaining lease tenure of 59 years may play a pivotal role in future resale potential. Stakeholders should remain vigilant to changes in market sentiment, particularly regarding leasehold properties, as this could significantly impact long-term value appreciation.