5 Room (5I) HDB for Sale in 21 Saint George's Road

The valuation of the 5-room HDB in Bishan, with a remaining lease of 57 years, stands at an estimated value of $772,228, translating to a price per square foot (PSF) of $608. This valuation reflects a robust market signal, indicating an above-market valuation with a 6.8% difference from the baseline. Such a premium valuation underscores the desirability of the Bishan estate, which is well-regarded for its strategic location, accessibility, and vibrant community amenities.

Our analysis is grounded in a comprehensive review of 92 recent HDB resale transactions within the vicinity, providing a high degree of model confidence in the valuation. The strong demand for HDB properties in Bishan, coupled with the limited supply due to its favorable positioning, has contributed to the upward pressure on prices. As such, prospective buyers should consider not only the intrinsic value of the property itself but also the favorable lease duration and the potential for future appreciation in this sought-after locale.