3 Room (3S) HDB for Sale in 105 Bishan Street 12

The HDB 3-room property located in the highly sought-after district of Bishan is currently estimated to hold a market value of $425,519, translating to a price per square foot (PSF) of $618. With a remaining lease of 58 years, this valuation reflects a significant premium, as it is positioned 38.2% above the baseline market rate. This above-market valuation is indicative of the strong demand for HDB properties in Bishan, a locale known for its excellent amenities and connectivity, which often drives prices higher than the average for comparable units.

However, it is important to note that the model confidence in this valuation remains low, primarily due to the limited dataset, as it is based on only two recent HDB resale transactions in the vicinity. This scarcity of data may suggest market volatility and could potentially impact the reliability of the estimated valuation. Investors and potential buyers should weigh these factors carefully, considering both the remaining lease and the prevailing market dynamics that can influence future property values in this desirable neighbourhood.