Common Room (Landed) for Rent in Prome Road

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 75 years, stands at an estimated value of $93,512, translating to a price per square foot (PSF) of $779. This assessment reflects a market price that shows no deviation from the baseline, indicating a stable demand and supply equilibrium in this sought-after residential area. The high model confidence of this valuation is underscored by insights gathered from 357 recent HDB resale transactions in the vicinity, solidifying the robustness of our analysis.

In the context of Singapore's dynamic real estate landscape, Bishan remains a prime location due to its strategic connectivity and community amenities, appealing to both owner-occupiers and investors alike. The 75-year lease provides a substantial horizon for prospective buyers, ensuring longevity in their investment. As the market displays a balanced state with no significant fluctuations, this property is positioned favorably for continued interest, affirming its viability as a long-term asset in Singapore's competitive housing market.