HDB Executive for Room Rent: 186 Bishan Street 13

The valuation of the HDB Executive unit in Bishan, with a remaining lease of 60 years, stands at an estimated value of $74,512, translating to a price per square foot (PSF) of $745. This valuation is significant as it reflects the current market conditions, with a market price showing no deviation from the baseline, indicating a stable but cautious sentiment among buyers and sellers in this vibrant estate.

Despite a low model confidence rating, based on only two recent HDB resale transactions in the vicinity, it is essential to consider the broader market dynamics at play. Bishan has consistently been an attractive locale due to its strategic location, robust amenities, and well-connected transport links. However, the remaining lease of 60 years introduces a layer of complexity in valuation, as buyers often weigh the implications of lease duration against their investment horizon. As the market navigates these factors, potential investors should remain vigilant to shifts in buyer sentiment and the overall economic climate, which could influence future pricing trajectories.