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

The valuation of the 4-room HDB property in Bishan, with a remaining lease of 64 years, is estimated at $732,162, translating to $654 PSF. Situated in one of Singapore's sought-after residential enclaves, this valuation reflects the intricate dynamics of the local property market, where demand remains robust despite the diminishing lease period. The property’s valuation exhibits a market signal with a minimal deviation of 0.3% from the baseline, indicating a stable market environment and sustained buyer interest in the area.

Our analysis is derived from a comprehensive review of 8 recent HDB resale transactions in the vicinity, which provides a reliable benchmark for assessing market performance. The medium confidence level attributed to this model underscores the inherent variability in property valuations, particularly for HDB units with a significant leasehold. Nevertheless, the consistent sales activity in Bishan suggests a resilient market, underpinned by its strategic location and the appeal of community amenities. As such, potential buyers and investors should consider the interplay of lease duration and market trends when making informed decisions regarding property acquisition in this vibrant district.