4 Room (4NG) HDB for Sale in 102 Jalan Rajah

The valuation of the HDB 4 Room property located in the prestigious area of Bishan, with a remaining lease of 57 years, stands at an estimated value of $626,254, translating to a price per square foot (PSF) of $619. This assessment reflects a nuanced understanding of the current market dynamics, where the property exhibits a modest 1.9% difference from the baseline market price. Such a slight deviation indicates a stable and resilient market condition, affirming the sustained demand for HDB properties within this desirable enclave.

Our model confidence for this valuation is categorized as high, bolstered by an extensive analysis of 196 recent HDB resale transactions in the vicinity. This substantial data set provides a robust foundation for our valuation, ensuring accuracy and reliability. The Bishan area has consistently demonstrated a strong appeal due to its strategic location, connectivity, and proximity to amenities, which are pivotal factors influencing property values. As the remaining lease gradually decreases, the critical importance of location and community amenities will play an increasingly vital role in sustaining buyer interest and, subsequently, property values in the HDB market.