4 Room (4A) HDB for Sale in 241 Bishan Street 22

The valuation of the 4-room HDB unit in Bishan, with a remaining lease of 63 years, stands at an estimated value of $817,089, translating to a price per square foot (PSF) of $655. This valuation positions the property significantly above the market average, reflecting a notable premium of 10.1% over the baseline. Such a differential indicates strong demand dynamics in the Bishan area, where recent resale transactions have demonstrated robust activity, with 353 comparable sales reinforcing the high confidence level in this valuation.

Bishan is recognized for its strategic location and comprehensive amenities, contributing to its desirability among homebuyers. The remaining lease of 63 years is positioned favorably within the context of Singapore's HDB market, where properties with substantial leases tend to command higher prices due to their longevity and investment potential. Furthermore, the high model confidence derived from the recent transaction data underscores the resilience of property values in this neighborhood, suggesting a sustained interest among buyers who prioritize both proximity to urban conveniences and the potential for long-term capital appreciation.