3 Room (3S) HDB for Sale in 105 Bishan Street 12

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 58 years, is estimated at $425,519, translating to a price per square foot (PSF) of $618. This valuation is notably above the market baseline by 17.5%, indicating a strong demand for properties in this desirable precinct. Bishan is renowned for its strategic location, well-established amenities, and robust infrastructural developments, which contribute significantly to the heightened interest and pricing dynamics in the area.

Despite this elevated valuation, the model confidence is rated as low, driven by the limited data set derived from only two recent resale transactions in the vicinity. This caution suggests that while the property may command a premium price, potential buyers should carefully consider the broader market trends and the implications of the remaining lease. The 58-year lease remaining may impact long-term investment perspectives, especially as the real estate landscape continues to evolve in Singapore.