Common Room (HDB) for Rent in 212 Bishan Street 23

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 63 years, stands at an estimated value of $133,531, translating to a price per square foot (PSF) of $668. This valuation reflects a stable market signal, indicating a 0% difference from the baseline. Such stability is noteworthy, particularly in the context of Singapore’s dynamic real estate landscape, where fluctuations in demand and supply can significantly impact property values.

Our analysis incorporates data from 355 recent HDB resale transactions in the vicinity, providing a robust statistical foundation for our valuation. The high model confidence reinforces the reliability of this assessment, suggesting that potential buyers can expect a fair representation of market conditions. The remaining lease of 63 years is a pivotal factor, as it positions the property within a desirable range that appeals to both homeowners and investors alike. As demand for HDB flats in Bishan remains strong, characterized by its strategic location and community amenities, this valuation underscores the critical interplay between lease duration and market sentiment in shaping property values.