Common Room (HDB) for Rent in 22 Boon Keng Road

The valuation of the four-room HDB unit in Bishan, with a remaining lease of 45 years, stands at an estimated value of $78,566, translating to $491 per square foot. This valuation is strikingly aligned with the baseline market price, showcasing a 0% difference that indicates stable market dynamics in this sought-after residential enclave. Such consistency is a testament to the resilience and desirability of HDB properties in Bishan, a locality known for its strategic location and robust amenities.

Based on a comprehensive analysis of 353 recent HDB resale transactions in the vicinity, the model confidence is rated as high, reinforcing the reliability of this valuation. The steady demand for HDB units in Bishan can be attributed to its well-established infrastructure, proximity to public transport, and quality educational institutions, which continue to attract buyers and investors alike. As Singapore's housing market evolves, the remaining lease of 45 years indicates a healthy investment horizon for prospective homeowners looking to capitalize on Bishan's enduring appeal.