5-Room HDB for Room Rent: 275A Bishan Street 24

The valuation of the HDB 5-room unit in Bishan, with a remaining lease of 84 years, stands at an estimated value of $145,651, translating to a price per square foot (PSF) of $1,214. This valuation reflects a market price that aligns precisely with the baseline, indicating a 0% difference. Such stability in pricing signals a strong market confidence in the Bishan area, renowned for its strategic location and family-friendly amenities, which consistently attract potential buyers and investors alike.

Our analysis is underpinned by a robust dataset comprising 32 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to this valuation. The sustained demand for properties in Bishan, coupled with a healthy supply environment, suggests that the HDB market here remains resilient. As the remaining lease of 84 years is considered ample for both buyers and investors, it contributes positively to the perceived long-term value of the property, ensuring that it remains an appealing choice in Singapore's competitive real estate landscape.