5 Room (5I) HDB for Sale in 172 Bishan Street 13

The valuation of the 5-room HDB property in Bishan, with a remaining lease of 59 years, reflects a robust market position, underscored by its estimated value of $816,220, translating to a price per square foot of $627. This valuation is notable as it places the property above the market baseline by 12.7%, indicating a strong demand for HDB units in this highly sought-after locale. The high model confidence, derived from an analysis of 126 recent HDB resale transactions in the vicinity, further corroborates the premium nature of this listing.

Bishan, known for its strategic location and vibrant community amenities, continues to attract buyers, particularly families seeking spacious living environments. The remaining lease of 59 years positions this property favorably within the market, appealing to potential homeowners who prioritize long-term residency. As trends in urban living evolve, properties like this HDB unit are poised to maintain their value, driven by the area's desirability and limited supply of larger public housing units.