5-Room HDB for Room Rent: 249 Kim Keat Link

The valuation of the HDB 5-room unit in Bishan, with a remaining lease of 61 years, reflects a calculated estimated value of $64,574, equating to a price per square foot (PSF) of $646. This valuation is indicative of a stable market environment, as it registers a 0% difference from the baseline market price. Such stability suggests that the property is well-positioned within the neighborhood, aligning closely with buyer expectations and current market dynamics.

Furthermore, the high model confidence rating, bolstered by data derived from 187 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. Bishan's strong demand and limited supply contribute to a resilient market for HDB properties, with leasehold dynamics playing a crucial role in determining value. As prospective buyers increasingly factor in remaining lease lengths, this 61-year tenure may appeal to those seeking a balance between affordability and long-term investment potential in a highly sought-after district.