Common Room (HDB) for Rent in 28 Jalan Bahagia

The valuation of the 4-room HDB unit in Bishan, with a remaining lease of 45 years, stands at an estimated value of $47,710, translating to a competitive price per square foot of $477. This valuation is particularly noteworthy given that it reflects a market price that is in perfect alignment with the baseline, indicating a stable and balanced demand-supply dynamic in the Bishan area. The high model confidence, derived from an analysis of 357 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation and provides a robust foundation for prospective buyers and investors.

In the context of Singapore's real estate landscape, Bishan is recognized for its strategic location and well-developed amenities, contributing to sustained interest among homebuyers. The remaining lease of 45 years positions this property within a demographic that values both community living and accessibility to urban conveniences. As the market signals indicate no price deviation from the baseline, it suggests that the HDB segment in Bishan is currently experiencing a period of equilibrium, with potential for future appreciation as the area's infrastructure continues to evolve. This valuation serves as a vital reference point for stakeholders looking to navigate the complexities of the HDB market in this highly sought-after locale.