4 Room (4A) HDB for Sale in 117B Jalan Tenteram

The valuation of the HDB 4-room property in Bishan, with a remaining lease of 89 years, stands at an estimated value of $788,428, translating to a price per square foot (PSF) of $788. This valuation is notably above the market baseline by 17.7%, reflecting a robust demand and competitive positioning within the local HDB market. Such a premium valuation is indicative of Bishan's desirability as a residential locale, characterized by excellent connectivity, reputable educational institutions, and a vibrant community atmosphere.

The model confidence in this valuation is rated as high, supported by a substantial dataset of 464 recent HDB resale transactions in the vicinity. This extensive analysis not only reinforces the credibility of the valuation but also underscores the dynamic market conditions that favor sellers in the area. As we observe trends in property transactions, it is vital to consider the implications of remaining lease terms; properties with longer leases, such as this one, tend to retain value better and attract a wider pool of potential buyers, further solidifying Bishan's position as a prime investment opportunity in Singapore's evolving real estate landscape.