5 Room (5I) HDB for Sale in 288 Bishan Street 24

The current valuation of the HDB 5 Room unit located in the highly sought-after Bishan estate stands at an estimated $1,108,880, translating to a price per square foot (PSF) of $852. This valuation positions the property at a remarkable 15.4% above the market baseline, indicating a strong demand for residential units in this prime district. The remaining lease of 71 years adds a layer of stability and appeal to potential buyers, as properties with longer leases tend to attract a wider range of interest, particularly from families seeking long-term residence in a well-regarded neighborhood.

Our analysis, grounded in data from 10 recent HDB resale transactions in the vicinity, reflects a medium level of model confidence. The above-market valuation may be indicative of several factors, including the area's strategic location, proximity to amenities, and robust community infrastructure. As the Bishan estate continues to evolve and enhance its appeal, potential investors should note that this property not only represents a home but also a strategic asset within Singapore's dynamic real estate landscape.