4 Room (4NG) HDB for Sale in 102 Jalan Rajah

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 53 years, stands at an estimated value of $570,088, translating to a price per square foot of $563. This valuation is notably above the market baseline, reflecting an impressive 11.9% premium compared to similar properties in the area. Such a premium can be attributed to the desirable location of Bishan, which is well-known for its vibrant community, accessibility to public transport, and proximity to reputable schools, making it an attractive option for families and young professionals alike.

The model confidence for this valuation is classified as high, based on an extensive analysis of 365 recent HDB resale transactions within the vicinity. This robust dataset provides a strong foundation for our findings, indicating that the current market dynamics favor sellers in this localised area. As demand continues to outpace supply, particularly for properties with remaining leases above 50 years, we anticipate sustained interest in this segment of the market. Buyers should be aware of the lease duration, yet the premium valuation suggests a compelling investment opportunity, underscoring the enduring appeal of Bishan as a prime residential choice.