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

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 45 years, stands at an estimated value of $58,925, equating to approximately $491 per square foot (PSF). This valuation is particularly significant considering the unique characteristics of the Bishan estate, which remains one of Singapore's most sought-after residential locales. The strong market signal, indicating a 0% difference from the baseline, suggests a stable demand for HDB properties in the area, underscoring the resilience of the market amid fluctuating economic conditions.

With a model confidence rating of high, this valuation is supported by an extensive analysis of 353 recent HDB resale transactions in the vicinity. The data indicates a consistent performance in property values, reflecting the desirability of the Bishan area, known for its excellent connectivity and amenities. The remaining lease of 45 years, while substantial, aligns with the preferences of many buyers who prioritize location and community attributes over lease duration. As such, prospective investors and homeowners can be assured of the enduring appeal of this property within the dynamic Singapore real estate landscape.