Maisonette HDB for Rent in 247 Bishan Street 22

The valuation of the HDB Executive apartment in Bishan, with a remaining lease of 63 years, stands at an estimated value of $1,117,529, translating to approximately $710 PSF. This valuation reflects a market price that is notably stable, displaying a 0% difference from the baseline. Such stability in pricing is indicative of a robust demand for residential properties within the Bishan area, a locale recognized for its strategic connectivity and comprehensive amenities, which consistently attract both homeowners and investors alike.

Our analysis, supported by data from 65 recent HDB resale transactions in the vicinity, reveals a high confidence level in this valuation model. This is a testament to the enduring appeal of Bishan, characterized by its well-planned infrastructure and vibrant community life. As the market continues to evolve, the relatively long lease term of this property positions it favorably against rising demand, ensuring its competitiveness in a densely populated urban landscape. The combination of these factors solidifies the property’s standing as a desirable investment, poised to benefit from ongoing urban development and demographic shifts in Singapore.