5-Room HDB for Room Rent: 22 Saint George's Road

The valuation of the HDB 5 Room property located in the highly sought-after district of Bishan, with a remaining lease of 57 years, stands at an estimated value of $123,054, which translates to a price per square foot (PSF) of $615. This valuation is particularly noteworthy given that it reflects a market price with a 0% difference from the baseline, indicating a stable market environment where the property’s valuation aligns closely with recent market transactions.

The analysis is grounded in robust data, derived from 184 recent HDB resale transactions in the vicinity, which enhances the model’s confidence level to high. This confidence suggests that the property is appropriately priced, considering the competitive dynamics of the Bishan area, known for its strategic location and quality of life. The remaining lease of 57 years remains a critical factor in the valuation, as it influences buyer perceptions and long-term investment potential. As such, this property not only reflects current market conditions but also presents a strategic opportunity for prospective buyers looking to invest in a vibrant neighborhood.