5 Room (5I) HDB for Sale in 5 Boon Keng Road

The HDB 5-room property located in Bishan, with a remaining lease of 69 years, has been estimated to hold a value of $1,022,860, translating to a price per square foot (PSF) of $767. This valuation positions the property significantly above the market baseline, with a notable 15.4% premium compared to typical transactions in the area. Such a discrepancy signals a strong demand for HDB properties in the Bishan district, which is renowned for its strategic location, excellent amenities, and vibrant community atmosphere.

Our analysis, underpinned by data from 185 recent HDB resale transactions within the vicinity, demonstrates a high level of confidence in this valuation model. The robust market signals indicate that buyers are willing to invest more in properties that not only offer substantial living space but also come with the assurance of a remaining lease that allows for long-term occupancy. This dynamic reinforces the idea that Bishan remains a coveted residential enclave, further supported by continued urban developments and infrastructural enhancements in the surrounding area.