5 Room (5A) HDB for Sale in 249 Bishan Street 22

The HDB 5-room property located in the highly desirable Bishan area showcases an estimated value of $947,681, translating to a price per square foot (PSF) of $667. This valuation positions the property significantly above the market average, with a notable 19.2% premium relative to the baseline valuation. Such a discrepancy suggests strong demand dynamics in the Bishan region, driven by its strategic location, access to quality amenities, and robust community infrastructure.

With a remaining lease of 63 years, this property benefits from a favorable leasehold period that appeals to a broad spectrum of potential buyers. The model confidence rating is categorized as high, validated by an extensive analysis of 187 recent HDB resale transactions within the vicinity. This level of confidence underscores the resilience of the Bishan property market, indicating sustained interest and investment potential. As urban development continues and quality living spaces become increasingly sought after, properties such as this HDB 5-room unit are positioned to maintain their value and appeal in the competitive Singapore real estate landscape.