4 Room (4A) HDB for Sale in 272 Bishan Street 24

In the current property landscape of Singapore, the HDB 4-room unit located in the highly sought-after Bishan district presents a compelling valuation of $732,162, translating to a price per square foot (PSF) of $654. With a remaining lease of 64 years, this property is well-positioned within the market, reflecting a minimal variance of 0.3% from baseline pricing. This slight deviation indicates a stable demand in the area, suggesting that buyers are willing to pay a premium for the unique attributes of Bishan, which include its strategic location and proximity to essential amenities.

The valuation is bolstered by an analysis of eight recent HDB resale transactions within the vicinity, underscoring a medium level of model confidence in the estimated value. This confidence is derived from the consistent performance of similar properties in the area, which have demonstrated resilience in a fluctuating market. As Bishan continues to evolve as a desirable residential enclave, the remaining lease of this HDB unit plays a crucial role in its long-term investment potential. Buyers and investors alike should note the implications of lease duration on property value, as this remains a pivotal factor in the decision-making process.