5 Room (5A) HDB for Sale in 104 Jalan Rajah

The valuation of the HDB 5-room flat in Bishan, with a remaining lease of 56 years, stands at an estimated value of $878,450, translating to a price per square foot (PSF) of $605. This valuation is indicative of the strong demand and competitive nature of the Bishan market, which continues to attract buyers seeking quality living environments combined with proximity to amenities and transport links. Our analysis demonstrates a market price that is 3.5% above the baseline, signalling a robust appreciation trajectory amidst a constrained supply of desirable HDB units in the area.

With a high model confidence level, derived from an extensive dataset of 186 recent HDB resale transactions nearby, it is evident that the market dynamics are favourably aligned for this property type. The remaining lease of 56 years is a significant consideration for potential buyers, as it reflects the longevity of ownership before the leasehold term expires. In the context of the current real estate landscape in Singapore, this valuation not only underscores the intrinsic value of HDB properties in Bishan but also highlights the resilience of the market, which is adapting to evolving buyer preferences and demographic trends.