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

The valuation of the 4-room HDB unit in Bishan, with an estimated value of $732,162 or $654 PSF, reflects the current market dynamics and the inherent value of the property type in this sought-after locale. With a remaining lease of 64 years, this property holds a strategic position in a district renowned for its connectivity, educational institutions, and lifestyle amenities. The slight market price adjustment of 0.3% from the baseline indicates a relatively stable market sentiment, suggesting that demand for HDB properties in Bishan remains resilient despite broader economic fluctuations.

Our analysis is supported by data from 8 recent HDB resale transactions in the vicinity, which provide a robust foundation for the estimated value. The medium model confidence underscores the need for continuous monitoring of market trends, particularly given the evolving landscape of housing policies and buyer preferences. As we move forward, it will be pivotal to observe how lease duration impacts buyer interest and pricing strategies in the Bishan area, particularly as the remaining lease diminishes over time.