5 Room (5I) HDB for Sale in 172 Bishan Street 13

The valuation of the HDB 5 Room property in Bishan, with an estimated value of $829,470 ($637 PSF), presents a compelling investment opportunity, particularly given its remaining lease of 60 years. Situated in one of Singapore’s most sought-after residential districts, this valuation reflects a significant premium in the current market, registering at an impressive 14.5% above the baseline. Such a premium indicates strong demand and a competitive market, underscoring Bishan's enduring appeal among homebuyers and investors alike.

Our analysis, grounded in a robust dataset comprising 140 recent HDB resale transactions in the vicinity, yields a high model confidence level, reinforcing the reliability of this valuation. The strong market signal, coupled with the property's strategic location, suggests that buyers can expect not only a quality living environment but also potential for long-term capital appreciation. The remaining lease of 60 years is a critical factor in Singapore’s HDB market dynamics, as properties with longer leases generally command higher valuations due to greater buyer confidence in future resale potential. This property exemplifies the interplay of location, lease tenure, and market demand, positioning it as a premium listing in the current real estate landscape.