4-Room HDB for Room Rent: 5 Boon Keng Road

The valuation of the 4-room HDB in Bishan, with a remaining lease of 69 years, stands at an estimated value of $81,147, translating to a price per square foot (PSF) of $811. This valuation reflects a market price that is on par with the baseline, indicating a stable demand for HDB properties in this sought-after locale. Bishan's reputation as a prime residential district, coupled with its strategic connectivity and amenities, contributes to its resilience in property values, particularly in the HDB segment.

Analyzing the recent market dynamics, the model confidence is rated as medium, based on 17 recent HDB resale transactions in the vicinity. This suggests a consistent performance of HDB properties in the area, although potential fluctuations in market conditions should be monitored closely. The remaining lease of 69 years is a critical factor, as properties with longer leases tend to command higher buyer interest and value retention. As the Bishan market continues to evolve, it remains essential for prospective buyers and investors to consider both the lease tenure and recent transaction trends when assessing property value.