4 Room (4A) HDB for Sale in 259 Kim Keat Avenue

The valuation of the HDB 4 Room property in Bishan, with a remaining lease of 61 years, stands at an estimated value of $653,783, translating to a price per square foot (PSF) of $590. This figure reflects a market signal indicating that the property is priced above the current market baseline by 5.4%. Such a premium valuation can be attributed to Bishan's strategic location, excellent amenities, and strong demand from potential buyers, making it one of the more sought-after residential areas in Singapore.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data point can introduce variability and uncertainty into the valuation, suggesting that further analysis and more comprehensive market data would be prudent for potential stakeholders. As the remaining lease decreases over time, future buyers may need to weigh the implications of lease duration against the perceived premium associated with the property’s location and amenities.