Common Room (HDB) for Rent in 165 Bishan Street 13

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 60 years, stands at an estimated value of $101,782, translating to a price per square foot (PSF) of $636. This valuation is derived from a robust analysis of 357 recent HDB resale transactions in the vicinity, reflecting a high model confidence level. The property is currently positioned at a market price that shows no deviation from the established baseline, indicating a stable demand and supply equilibrium in this sought-after residential precinct.

Bishan is renowned for its strategic location, offering access to well-established amenities, schools, and transportation networks, which enhances its desirability among homebuyers. The remaining lease of 60 years suggests a significant amount of time left for potential homeowners, balancing the concerns typically associated with shorter leases. As the market signals indicate a steady price trajectory, this property represents a compelling opportunity for both first-time buyers and investors looking to capitalize on the long-term growth potential in one of Singapore's most desirable neighborhoods.