Common Room (HDB) for Rent in 165 Bishan Street 13

In the vibrant landscape of Singapore's real estate market, the valuation of a HDB 4 Room unit in Bishan, with a remaining lease of 60 years, presents a compelling opportunity for potential buyers and investors. With an estimated value of $101,782, equating to $636 per square foot, this property underscores the stability of the Bishan area, known for its strategic connectivity and family-friendly environment. The valuation reflects a market price that aligns closely with baseline assessments, indicating a 0% difference, which signals a balanced demand and supply equation within this sought-after precinct.

The model confidence in this valuation is rated as high, bolstered by an extensive analysis of 357 recent HDB resale transactions in the vicinity. This robust dataset not only supports the estimated value but also highlights the resilience of the Bishan market amidst fluctuating economic conditions. As the remaining lease of 60 years progresses, it is crucial for stakeholders to consider the long-term implications of leasehold properties in Singapore's unique real estate landscape. Overall, this valuation serves as a benchmark for understanding market dynamics in Bishan, reflecting both current trends and future potential.