4 Room (4A) HDB for Sale in 110 Bishan Street 12

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 58 years, stands at an estimated value of $708,040, translating to a price per square foot (PSF) of $633. This valuation is noteworthy, as it is positioned above the market average by 8.8%, indicating a robust demand for HDB properties in this sought-after locale. The elevated price reflects not only the intrinsic value of the property but also the prevailing market sentiment in Bishan, which is characterized by its excellent connectivity, proximity to amenities, and a vibrant community atmosphere.

Our analysis is supported by a comprehensive review of 355 recent HDB resale transactions in the vicinity, providing a strong empirical basis for the valuation. The model confidence is rated as high, reinforcing the reliability of this valuation amidst the dynamic real estate landscape in Singapore. As the remaining lease of 58 years offers a substantial tenure for potential homeowners, this property stands as a compelling investment opportunity in a market where lease duration can significantly influence buyer sentiment and pricing dynamics.