HDB Executive for Room Rent: 105 Jalan Rajah

The valuation of the HDB Executive in Bishan, with a remaining lease of 57 years, stands at an estimated value of $97,660, translating to a price per square foot (PSF) of $651. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within the Bishan district. The area's desirability, attributed to its strategic location and well-developed amenities, continues to bolster the HDB resale market, making it an attractive proposition for potential buyers.

Our analysis, grounded in data from 67 recent HDB resale transactions in the vicinity, supports a high model confidence in this valuation. The absence of significant deviations from the baseline price suggests a balanced market, where supply and demand are in equilibrium. This stability is particularly noteworthy given the remaining lease period, as properties with longer leases typically command better market performance. As such, this HDB Executive represents a sound investment opportunity in a competitive market landscape, appealing to both owner-occupiers and investors alike.