4 Room (4A) HDB for Rent in 105 Bishan Street 12

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 58 years, stands at an estimated value of $715,544, translating to a price per square foot (PSF) of $639. This valuation is particularly significant as it reflects the current market dynamics, with the assessed market price showing no deviation from the baseline. Such stability in pricing signals a balanced demand and supply scenario within the Bishan district, a highly sought-after area known for its prime location and robust community amenities.

It is crucial to note that the model confidence for this valuation is categorized as low, indicating potential variability in the estimated value. This is further underscored by the analysis derived from only three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends. As the remaining lease of the property is a pivotal factor, prospective buyers should consider the implications of leasehold duration on their investment strategy, particularly in a market where HDB properties are increasingly scrutinized for both their intrinsic and extrinsic value over time.