4 Room (4A) HDB for Sale in 117A Jalan Tenteram

The valuation of the HDB 4 room property in Bishan, with a remaining lease of 90 years, reflects a robust market position, showcasing an estimated value of $788,428, equating to $788 per square foot. This valuation is notably above the market baseline by 17.4%, indicating a premium status that is substantiated by strong demand dynamics in the Bishan area. With 464 recent HDB resale transactions in the vicinity providing a solid data foundation, the model confidence level is assessed as high, reinforcing the reliability of this valuation.

Such a significant premium can be attributed to several key factors:

• Location Appeal: Bishan is a highly coveted residential district known for its strategic connectivity and proximity to amenities, making it a desirable choice for families and young professionals.
• Lease Duration: With 90 years remaining on the lease, the property retains considerable long-term value, enhancing its attractiveness to buyers who are keen on longevity and stability in their investment.
• Market Resilience: The positive market signal further indicates a resilient demand for HDB properties, particularly in well-established areas like Bishan, where supply constraints may drive prices upward.