5 Room (5I) HDB for Sale in 190 Bishan Street 13

This analytical summary evaluates the valuation of a five-room HDB flat located in the highly sought-after Bishan district. With a remaining lease of 59 years, the estimated value stands at $889,973, translating to a price per square foot (PSF) of $684. Notably, this valuation indicates a premium of 23% above the market baseline, suggesting that this property may be positioned as a desirable option for buyers seeking quality living in a well-established neighborhood.

Despite the elevated price point, the model confidence in this valuation is categorized as low, indicating potential volatility influenced by market dynamics. The analysis is grounded in recent data, drawing from three comparable HDB resale transactions in the vicinity. As Bishan continues to be a focal area for both families and investors, it is imperative to consider both the implications of the remaining lease duration and the broader market trends that may affect future valuations.