Terraced House for Room Rent: Prome Road

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 85 years, stands at an estimated value of $194,732, translating to an impressive $779 per square foot. This valuation reflects a market signal indicating a 0% deviation from the baseline, suggesting a stable and balanced pricing environment for similar properties in the region. Such consistency in pricing underscores the robust demand for HDB units in Bishan, a locality renowned for its accessibility, amenities, and strong community vibe.

Our analysis is bolstered by a comprehensive review of 355 recent HDB resale transactions in the vicinity, lending high confidence to this estimation. The sustained interest in Bishan, coupled with its strategic location, positions this property as a sound investment for prospective buyers. With an 85-year remaining lease, this HDB unit not only represents a comfortable living option but also a secure asset for long-term appreciation within Singapore's evolving real estate landscape.