4 Room (4A) HDB for Sale in 5 Boon Keng Road

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 69 years, stands at an estimated value of $950,956, translating to $818 PSF. This valuation reflects a strategic opportunity in the current market, as it indicates a 5.4% difference from the baseline, categorizing it as a good deal for prospective buyers. The Bishan estate, known for its prime location and robust infrastructure, continues to attract buyers, contributing to its strong resale performance.

Our analysis is based on 18 recent HDB resale transactions in the vicinity, which provide a reliable benchmark for valuation. The medium model confidence suggests a reasonable degree of certainty in this valuation, underpinned by the historical performance of HDB properties in this desirable area. As demand for spacious, centrally located housing remains resilient amidst ongoing urban development, this property not only represents a sound investment but also offers potential for capital appreciation as the lease duration decreases over time.