Premium HDB for Sale in 293 Bishan Street 22

The HDB 4-room property situated in the highly sought-after Bishan district, with a remaining lease of 69 years, is currently estimated to hold a value of $799,770, translating to $743 per square foot (PSF). This valuation reflects a nuanced understanding of the local real estate dynamics, particularly given the property’s location within a mature estate that is well-regarded for its connectivity and amenities. The current market signal indicates a minimal deviation from the baseline price, with a mere 0.2% difference, suggesting a stable demand amidst fluctuating market conditions.

However, it is essential to note that the model confidence for this valuation is classified as low, derived from an analysis of only three recent HDB resale transactions in the vicinity. This limited dataset may not fully capture the broader market trends or potential fluctuations in buyer sentiment. As such, prospective buyers and investors should approach this valuation with a degree of caution, considering the implications of the property’s remaining lease and the competitive landscape of Bishan, where the intersection of supply and demand continues to evolve.