4 Room (4A) HDB for Sale in 220 Bishan Street 23

HELIOS AI Analysis

<p>The valuation of the 4-room HDB unit in Bishan, with a remaining lease of 63 years, is estimated at <strong>$740,604</strong>, translating to a price per square foot (PSF) of <strong>$668</strong>. This valuation is positioned significantly above the market baseline, reflecting an <strong>11.8% premium</strong> over comparable properties in the area. Such a divergence indicates robust demand dynamics for HDB flats in Bishan, a locality known for its strategic connectivity and proximity to essential amenities.</p> <p>The analysis is supported by a substantial dataset, comprising <strong>353 recent HDB resale transactions</strong> in the vicinity, which bolsters the model's confidence level to <strong>high</strong>. This elevated confidence is critical as it underscores the resilience and desirability of Bishan as a residential enclave. The remaining lease of 63 years is a vital consideration for potential buyers, as properties with longer leases typically command stronger market interest and value retention. As the HDB market continues to evolve, this premium valuation signals both a strong buyer sentiment and an appreciation for the unique characteristics that Bishan offers, making it a compelling market to watch.</p>