4 Room (4A) HDB for Sale in 285 Bishan Street 22

The valuation of the HDB 4 Room unit in Bishan, with a remaining lease of 64 years, stands at an estimated value of $811,757, translating to a price per square foot (PSF) of $699. This valuation reflects a significant 14% premium above the baseline market value, indicating a strong demand for properties in this desirable locale. Bishan is renowned for its strategic connectivity and family-friendly amenities, making it a sought-after district for both homebuyers and investors alike.

However, it is essential to approach this valuation with caution, as the model confidence is categorized as low. This uncertainty stems from the limited dataset of just four recent HDB resale transactions in the vicinity, which may not fully capture the nuanced dynamics of the local market. The remaining lease of 64 years is also a critical factor; while it provides ample time for occupation, potential buyers may weigh lease duration heavily in their decision-making process. As such, the interplay between lease tenure, market demand, and overall economic conditions will continue to shape the property’s performance in the coming years.