Common Room (HDB) for Rent in 210 Bishan Street 23

This valuation report pertains to a 4-room HDB unit located in the highly sought-after Bishan area, which boasts a remaining lease of 63 years. The estimated value of the property stands at $100,148, translating to a price per square foot (PSF) of $668. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting stable demand and a well-balanced market environment for HDB properties in this locale.

The model's confidence in this valuation is rated high, bolstered by an extensive analysis of 355 recent HDB resale transactions within the vicinity. The data indicates a resilient market trend, with Bishan continuing to be a desirable choice for families and investors alike, owing to its strategic location and comprehensive amenities. As the remaining lease of 63 years is considered a crucial factor in HDB valuations, this property remains attractive, particularly amidst ongoing urban development and infrastructural enhancements in the surrounding region.