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

The valuation of the HDB 5 Room property 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 indicates a market signal that is notably above the baseline, reflecting a 6.8% premium in comparison to similar properties in the area. The elevated valuation can be attributed to several key factors, including the desirability of the Bishan locale, which is renowned for its excellent connectivity and proximity to amenities such as shopping centers, educational institutions, and recreational facilities.

Our model confidence in this valuation is rated as high, supported by a robust analysis of 92 recent HDB resale transactions within the vicinity. The demand for HDB properties in Bishan remains resilient, driven by a combination of factors such as limited supply and a strong buyer sentiment in the market. The remaining lease of 57 years, while moderate, does not appear to deter interest from potential buyers, underscoring the area's enduring appeal. As the market continues to evolve, this property exemplifies an attractive investment opportunity for discerning buyers looking to capitalize on the unique attributes of Bishan.